Podcast
Questions and Answers
What were the notable changes brought about by the industrial revolution?
What were the notable changes brought about by the industrial revolution?
Changes in methods of production, tools and equipments, organization of labour, and methods of raising capital.
Who advocated the use of accurate observations, measurement, and precise knowledge for taking business decisions?
Who advocated the use of accurate observations, measurement, and precise knowledge for taking business decisions?
Professor Charles Babbage
What did the industrial revolution lead to in the field of management?
What did the industrial revolution lead to in the field of management?
It led to the shift from traditional, conventional management ideas to management based on scientific principles.
