answersLogoWhite

0


Best Answer

Scientific Management Theory is a theory of management concerned with the physical efficiency of an individual worker. The main objective was to improve economic efficiency and labor productivity. They wanted to be fair to the workers for a days work. To explain how the individual's motivation works strictly as a function of economic reward. :)

User Avatar

Wiki User

βˆ™ 13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

βˆ™ 14y ago

"Scientific management is essential for any type of business these days. It aims at introducing new and improved methods of production and removal of wastage and inefficiency in undertaking the production activities. "

1.)Increase in productivity.

Aims at introducing new and improved methods of production and removal of wastage and inefficiency in undertaking the production activities.

2.) Increase in efficiency in quality and quantity.

Aims at introducing new and improved methods of production and removal of wastage and inefficiency in undertaking the production activities.

3.)Easy to keep track records of total production,individual production and other informations in tabulated or calculated manner.

4.)improves relationship between employees,employers or other management authorities by creating a friendly environment.

5.)provides a formal environment and opportunity to improve social networking .

6.)Decrease in working hours which led to decrease in stress and improves efficiency.

7.) Providing opportunity to earn more for every individual in form of incentives,referral bonuses,other bonuses.

8.)Decrease in rate of depletion of resources or reduces the wastage of resources.

9.)profit margin at every turn over of a company also increases.

10.)employee satisfaction rate of a company also increases.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the benefits of scientific management theory?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which is best scientific management theory or human relation theory of management?

Compare and contrast the theories of scientific management with that of the human relations management approach.


What is the contribution of scientific management theory to public administration?

Scientific management theory uses scientific inquiry to make improvements to public administration. By questioning how problems can be solved, the scientific management theory allows positive changes to take place.


What are the contributions of Fredrick Taylor to the management theory?

Frederick Taylor was the father of scientific management theory. His contributions include the application of engineering and scientific knowledge in management.


Compare and contrast scientific management theory and human relations management theory?

The scientific management theory by Taylor stressed on industrial efficiency and introduced the concept of "piece rate". Where as human relation management theory by mayo suggest that human resource can be motivated by incentives.


Who introduced the theory of scientific management?

Then, at the beginning of the twentieth century, Frederick Winslow Taylor (1856-1915), one of the most widely read theorists on management, introduced and developed the theory of scientific management.


How different is administrative management theory from scientific management theory?

Administrative mgt theory is more people oriented, from top to bottom while scientific mgt theory is result oriented putting time as a key factor to organisational growth


What are two branches of classical management theory?

scientific and structural


Outline Frederick w.Taylor scientific management theories and the extent to which this theory can be applaid in the public sector?

.taylor scientific management theories


Theory of management used by mcdonalds scientific management?

Is that even a question? If it is...um, I don't know.


Who called scientific management theory as rabble hypothesis?

Elton Mayo


Comparison between scientific management theory and human relation theory?

Similarities between the classical and human relations theory


Explain types of scientific tools of management?

The scientific tools of management are simulation, game theory, linear and dynamic programming, queuing theory, and Monte Carlo. They're defined as the symbolic representation of what needs to be studied.