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Is Scientific Management applicable in today’s modern economy and management? Do you recognize the practical explanation...

Is Scientific Management applicable in today’s modern economy and management? Do you recognize the practical explanation of do you have more suggestions? What are your success factors for practical scientific management? (Mulder, 2015).

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Answer #1

Yes. It is applicable. It is basically theory of management which analyse and improve the work process and increase the production and profits.

The practical explanation can be given of Ford motor company who practised division of labour and management of time and motion in the production line that helped increase the production.

Another example of Toyota can be given who used this management system by reducing cost and improve workflow with material needed in production arrive just in time.

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