13-08-2016, 09:35 AM
for class 12 business project report i choosed your company so i want to know the principles of management and techniques followed by your company
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tanishq related to fayol principles
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for class 12 business project report i choosed your company so i want to know the principles of management and techniques followed by your company
13-08-2016, 03:54 PM
ALL THE 14 PRINCIPLES ARE SELF EXPLENATORY AND ARE USED IN ALL THE COMPANIES BUT THE DEGREE TO WHICH THEY ARE USED TO EXTRACT SOMETHING FROM THE EMPLOYEES VARIES:
eg-In any IT company the remuniration would be different when compared to an employee of manufacturing sector. In IT the HR wants to retain them so a good pay pack is given but not in Manudacturing sector where ppl focus at career growth development etc
Unity of command & direction is used in all the companies but SONY ERICKSON if i am not wrong has a virtual organization so there thay have changed the concept according to their convenience.
A revealing example is that of Johnson & Johnson. The company standardized (centralized the process aspect in other words) R&D activities and manages these efforts as a single research portfolio. At the same time the sales and manufacturing processes are dealt with decentralized in order to enable decisions to be taken tailored to the specific circumstances and products.
eg-In any IT company the remuniration would be different when compared to an employee of manufacturing sector. In IT the HR wants to retain them so a good pay pack is given but not in Manudacturing sector where ppl focus at career growth development etc
Unity of command & direction is used in all the companies but SONY ERICKSON if i am not wrong has a virtual organization so there thay have changed the concept according to their convenience.
A revealing example is that of Johnson & Johnson. The company standardized (centralized the process aspect in other words) R&D activities and manages these efforts as a single research portfolio. At the same time the sales and manufacturing processes are dealt with decentralized in order to enable decisions to be taken tailored to the specific circumstances and products.
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