12th Class
Business Studies
Principles Of Management
Question Bank
MCQs - Principles of Management
question_answer
According to Taylor, scientific method should be used to analyse methods of production prevalent under the rule of thumb. The best practices can be kept and further refined to develop a standard which should be followed throughout the organisation. These are the benchmarks, which must be adhered to during production. Its objective is to reduce a given line or product to fixed types, sizes and characteristics; and to establish interchange ability of manufactured parts and products. Scientific management also aims at eliminating unnecessary diversity of products. Most large companies like Nokia, Toyota and Microsoft etc. have successfully implemented these technique of scientific management. This is evident from their large share in their respective markets. Identify the technique of scientific management highlighted in the above paragraph.