F.W.Taylor

Image
Frederick Winslow Taylor also known as F.W.Taylor. frederick Winslow Taylor was an american mechanical engineer. f.w.taylor was born on march 20,1856 .He was the one of the first financial consultants.he is alsoKnown for"Father"of the Scientific management & Efficiency Movement, Father of Industrial Engineering.Taylor was the son of a lawyer. He entered Phillips Exeter Academy in New Hampshire in 1872. In 1911, Taylor summed up his efficiency techniques in his book ' The Principles of Scientific Management'. Taylor was also an athlete who competed nationally in tennis. His occupation was Efficiency expert Management consultant. He got the Awards of Elliott Cresson Medal (1902).
Post a Comment

amalgamation meaning

 Amalgamation

Meaning

When two or more companies go into liquidation and a new company is formed to take over the business of the liquidating companies,it is called amalgamation.

Definition

According to Halsbury's Laws of England, "Amalgamation is a blending of two or more existing into the undertaking,the shareholders of each blending company becoming substantially the shareholders in the company which is to carry on the blended undertakings.there may be amalgamation either by transfer of two or more undertakings to a new company or by the transfer of one or more undertakings to an existing company

Objectives 

  • Elimination of competition
  • Price maintenance by regulating output
  • Securing larger share of the market
  • Equitable distribution of what is produced
  • Building-up goodwill
  • Avoiding duplication and reducing costs
  • Introducing schemes of rationalisation
  • Promoting research and development


Comments

Post a Comment

Popular posts from this blog

Branches

Image
  Meaning and Definition Branches are offspring organisations  set up in  different places by a parental organisation known as' Head office '. the main aim of branches are increase sales and sales territory of the business .the head office establishes and controls the activities of different braches trough its centralised system.branches are broadly classified into inland and foreign branches.       The indian Companies act ,1956 defines branch as "any establishment carrying on either the same or substantially the same activity as that carried on by the head office of the company". features of branches  One branch at one place  - Usually there will be only one branch at one places.even if there are more branches at one place they will be under different places. Dealing same items     -  all branches deal in same type of goods or in same line of activities. Capital investments   - capital investments for the branches are made by Head office.  Profit at branch   -  the
Read more

F.W.Taylor

Image
Frederick Winslow Taylor also known as F.W.Taylor. frederick Winslow Taylor was an american mechanical engineer. f.w.taylor was born on march 20,1856 .He was the one of the first financial consultants.he is alsoKnown for"Father"of the Scientific management & Efficiency Movement, Father of Industrial Engineering.Taylor was the son of a lawyer. He entered Phillips Exeter Academy in New Hampshire in 1872. In 1911, Taylor summed up his efficiency techniques in his book ' The Principles of Scientific Management'. Taylor was also an athlete who competed nationally in tennis. His occupation was Efficiency expert Management consultant. He got the Awards of Elliott Cresson Medal (1902).
Read more

oral communication advantages and disadvantages

Image
Oral communication or dynamic communication  Oral communication or dynamic communication is the transmission of message trough spoken words and refers to the interaction between two persons Advantages of oral communication Oral communication is less expensive Oral communication saves times Oral communication is more powerful The response of the receiver is know immediately Oral communication is more flexibile Oral communication promotes friendly relations and confidentiality  Oral communication is extremely useful while communicating with groups Oral communication removes misunderstanding and doubts immediately Disadvantages of oral communication Oral communication provides no documentary record for future. Oral communication does not provide sufficient time for thinking before speaking Persons who are not good presenters will fail in oral communication
Read more