logo

Scientific Management Theory and Human Relations Theory

   

Added on  2020-10-22

10 Pages2726 Words62 Views
Professional Skillfor Accountants

Table of ContentsINTRODUCTION ..............................................................................................................1Question 1..........................................................................................................................1(A) Scientific Management Theory and Human Relations Theory................................1(B) Importance of both theories that could improve managerial skills of person .........2Question 2..........................................................................................................................3(A) Significance of Diversity and Equity policies ..........................................................3(B) How to ensure effective Diversity and Equity policies ............................................4Question 3..........................................................................................................................5(A) Appraise performance of subordinates...................................................................5(B) Methods to deal with post appraisal information ....................................................6CONCLUSION ..................................................................................................................6REFERENCES .................................................................................................................8

INTRODUCTION An accountant is trained to interpret, compile, report and inspect tax return andfinancial statement report that comply with regulatory authority and governmentalrequirements. They require professional skill to carry out a task and project withdetermined outputs often within a given energy, amount of time or both. Thus such skillsare more essential and important for accountants to make short term and day-to-daydecisions (Bhasin, 2015). This report is based on different tasks which includes humanrelations and scientific management theory. Significance of equity and diversity policesare also main part of this project. At last performance appraisal process is alsodetermined in this project. Question 1(A) Scientific Management Theory and Human Relations TheoryScientific management theory: According to the F W. Taylor “ScientificManagement consists of analysing what actually management wants to do andevaluate ways to which it can be done in best and optimal manner (Frederick Taylorand Scientific Management, 2018). Its main objectives is enhancing economicefficiency, particularly labour productivity. In simple word, it is the application ofindustrial engineering principles to develop a system where the production processimproved and products are distributed. Human relations Theory: This theory developed by the Elton Mayo in practicalmanner. At that time period, main focus of the company is productivity (Bhasin, 2015).Beside this that person prove the significance of people for productiveness – notmachines. This concept mainly based on the feeling that people want to be part ofsupportive group that facilitates growth and development. Scientific Management theory Human Relations Theory This theory was developed byFrederick Winslow Taylor with themotive of maximising productivityand decreasing labour cost. This theory emphasizes andfocuses on efficiencyThis theory was introduced by theprofessor Elton Mayo with thepurpose of proving the importanceof workforce for productivity not amachines. Human relations focuses on1

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Motivating Staff: A Comparison of Scientific Management Theory and Human Relation Theory
|4
|767
|362

Professional Skills for Accountants Assignment
|12
|2333
|333

Relationship between Scientific Management and Modern Theory and Practice
|9
|2291
|314

Health Management Assignment Solved
|8
|889
|42

Introduction of Management | Report
|7
|1908
|109

Examination of Management Theory
|5
|1014
|94