BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Functional foremanship
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Method Study
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Fatigue study
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Time study
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Detailed explanation-1: -The technique that is being described in the given sentence is ‘Method Study’. According to the ‘Method Study’ there is always a ‘one best way’ to complete any task. Every task can be performed via best method to gain efficiency.
Detailed explanation-2: -Method Study-Method study aims at determining the best method to complete a task. All the different managers can employ different methods for the same but there is one method which is the most optimum of all. The main objective is to minimize the cost of production and maximize the satisfaction of the consumer.
Detailed explanation-3: -(i) Time Study. (ii) Motion Study. (iii) Fatigue Study. (iv) Method Study.
Detailed explanation-4: -Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity.