Systems Theory of Management

To improve efficiency by making optimum utilization of resources.

Fixing standards for everything to achieve standard production.

To detect and eliminate unnecessary movement in a worker's job.

<p>It is a system where efficient and inefficient workers are paid at different rates.</p> Signup and view all the answers

<p>To find the 'one best way' of doing a job.</p> Signup and view all the answers

<p>By setting standards for material, machines, methods, and work conditions.</p> Signup and view all the answers

<p>To eliminate unnecessary varieties, sizes, and grades of products.</p> Signup and view all the answers

<p>It rewards efficient workers at higher rates, providing a direct link between incentives and productivity.</p> Signup and view all the answers

<p>By identifying and eliminating unnecessary movements in a worker's job.</p> Signup and view all the answers

<p>To minimize the cost of products and maximize customer satisfaction.</p> Signup and view all the answers