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“Management is the art of knowing what you want to do and then seeing that it is done in the best and the cheapest way.” This definition of Management
Question

“Management is the art of knowing what you want to do and then seeing that it is done in the best and the cheapest way.” This definition of Management was given by:

A.

F.W. Taylor

B.

L.H. Haney

C.

Oliver Sheldon

D.

Henry Fayol

Correct option is A


The given definition of management — “Management is the art of knowing what you want to do and then seeing that it is done in the best and the cheapest way.” — was given by F.W. Taylor, the Father of Scientific Management.
Taylor emphasized efficiency, standardization, and performing tasks in the best and cheapest manner. His approach focuses on:
· Scientific analysis of work,
· Time and motion studies,
· Standardization of tools and methods,
· Maximum output with minimum cost.
This definition reflects the essence of Taylor’s philosophy: achieving organizational objectives through precision, efficiency, and cost-effectiveness.
Thus, the correct answer is (a) F.W. Taylor.
Information Booster
1. Taylor is known as the Father of Scientific Management.
2. His famous book “Principles of Scientific Management” (1911) laid down core principles of efficiency.
3. Major scientific management techniques include time study, motion study, standardization, differential piece rate system, etc.
4. Taylor’s approach aimed at removing rule-of-thumb methods.
5. He promoted harmony, cooperation, and systematic work to eliminate waste and increase productivity.

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