F.W.Taylor

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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).

Difference between private company and public company

 Differences between public company and private company

The minimum number of persons required form a private company is two and in case of public company a minimum of 7 persons are needed to form a public company.the maximum number of members must not exceed 200 in private company and in public company there is no restriction in maximum number of member.the shares in public company are freely transferable and the shares in private companies are not freely transferable . issuing of prospectus are prohibited in private company and not prohibited in public company.minimum two director and Maximum of 15 directors in private company and in public company the minimum number of directors are 3 and maximum of 15 directors

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