The document discusses principles of management and the role of science and knowledge in management. It introduces Dwarka Castings & Engineering Pvt. Ltd. and summarizes the principles they follow, including division of work, authority, and unity of command. It also discusses the importance of science in areas like production and research, as well as the role of knowledge in policies, public relations, and organization design. Overall, the key takeaways are on applying principles of management, emphasizing unity of direction, and treating employees well to achieve organizational goals.
1 of 10
More Related Content
Principles of-management-1217397293840270-8
1. Principles Of Management And the Role of Science & Knowledge in Management PROTON BUSINESS SCHOOL By :- Harsha Nagrani Prateek Patel
2. Contents :- Introduction Introduction to interviewed company Principle followed by Organisation Role of Science Role of Knowledge Learning
3. Introduction Management :- It is a process involving various functions that are performed to achieve stated objectives in an organisation. Principle of Management :- A truth or general law that is used as a basis for a theory of belief for an organisation.
4. Introduction to interviewed company Name :- Dwarka Castings & Engineering Pvt. Ltd. Area :- Metal Castings Proprietor :- Mr. Bhanu Patel Branch of Management :- Operations Management
5. Principle followed by Organisation Division of Work Authority Discipline Unity of Command Unity of Direction Subordination of individual interest Remuneration
6. Centralisation / Decentralisation Scalar Chain Order Equity Stability of Tenure of Personnel Initiative Esprit de Corps Principle followed by Organisation
7. Role of Science Important in Production How to communicate ? Research Sustainable Development
8. Role of Knowledge Making Policies Public Relationship Organisation Design Mandatory for Specified work
9. Learnings How to judge PoM? Unity of Direction Treating employees well is important to achieve equity