Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:
Science not rule of thumb principle is given by which of the following?
Options:
Henry Fayol
F W Taylor
Koontz
None of the above
Correct Answer:
F W Taylor
Explanation:
In the earlier days of the Industrial Revolution, in the absence of an established theory of factory organisation, factory owners or managers relied on personal judgment in attending to the problems they confronted in the course of managing their work. This is what is referred to as ‘rule of thumb’. Managing factories by rule of thumb enabled them to handle the situations as they arose but suffered from the limitation of a trial and error approach. In this scenario, Taylor emerged as the ‘Father of Scientific Management’. He proposed scientific management as opposed to rule of thumb.