Justify the following statement. Taylor emphasized on standardization of tools and equipment.

Justify the following statement.

Taylor emphasized on standardization of tools and equipment.

Solution: 

(1) Frederick Winslow Taylor published Principles of Scientific Management. Its primary objective was to increase efficiency of employees by scientifically designing jobs. According to his views, management problems should be solved through experiments and use of scientific techniques rather than rules of thumb and trial and error approach.

 

(2) Taylor had conducted many experiments at workplace and as a result of those experiments, he advocated standardization of tools and equipment. Standard here, means a level of quality or achievement, especially a level that is acceptable.

 

(3) According to him, a standardized working environment and standardized methods of production tools and equipment help to reduce spoilage and wastage of materials. This in turn reduces the overall cost of production.

 

(4) Similarly, the use of standardized tools and equipment increases the efficiency of employees and also helps to reduce fatigue among the workers. This improves the quality of work. 

OCM [Organisation of Commerce and Management] Business Studies, XII 12th Standard, 

HSC OCM MARCH 2020 BOARD PAPER WITH COMPLETE SOLUTION OMTEX CLASSES

Balbharati Solutions for Organisation of Commerce and Management (OC) 12th Standard HSC Maharashtra State Board

Chapter 1: Principles of Management

Chapter 2: Functions of Management

Chapter 3: Entrepreneurship Development

Chapter 4: Business Services

Chapter 5: Emerging Modes of Business

Chapter 6: Social Responsibilities of Business

Chapter 7: Consumer Protection

Chapter 8: Marketing