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    Eight Important Duties of an Agent Towards the Principal

    1. Duty to follow principal’s directions or customs (Sec. 211): The first duty of every agent is to act within the scope of the authority conferred upon him and perform the agency work according to the directions given by the principal. When the agent acts otherwise, if any loss be sustained, he must make it […] More

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    Principal and practice of managment

    The Principles of Scientific Management is a monograph or a specialist work published by Frederick Winslow Taylor in 1911. Scientific management is a new thinking on management. The literary meaning of scientific management is performing the work of management in a scientific manner. In other words, discarding the traditional approaches to management and adopting newer […] More