Date of Award

2-1966

Degree Type

Master's Essay - Restricted

Degree Name

Master of Business Administration (MBA)

Department

Business Administration

Abstract

To practice the art of effective scientific management, the businessman today must acquire managerial insight. He must know how and why scientific management evolved and must master its analytic methods if he is to make fruitful contributions to business operations and reap commensurate rewards. Historically, the quantitative aspects of business management were left almost entirely in the hands of accountants prior to the advent of "scientific management" some seventy-five years ago. Although this term has fallen into disuse, the emphasis upon quantitative bases for decision-making and control has increased as the management problem has become more complex. Many would agree that there has been a dangerous delay in accounting progress in relation to economic and business progress and that this lack of keeping pace managerially and scientifically has been most costly. It is difficult to explain, but it is very apparent that the accountant has often slowed his progress by subordinating the substance of accounting principles to accuracy and preciseness in accounting.

Comments

An essay submitted to the faculty of the Graduate School of Marquette University in partial fulfillment of the requirements for the Degree of Masters of Business Administration, Milwaukee, Wisconsin.

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