Correct option is C
Scientific management is a theory that focuses on analyzing and optimizing workflows to improve economic efficiency, particularly labor productivity. It was developed by Frederick Winslow Taylor during the late 19th and early 20th centuries. Due to Taylor's significant contributions, this approach is also known as Taylorism.
Taylor observed inefficiencies in manufacturing industries and sought to apply scientific methods to determine the best ways to perform tasks. His principles of scientific management emphasized standardization, time studies, task specialization, and incentives for increased productivity. Although the formal theory became obsolete by the 1930s, many of its principles are still used in industrial engineering and management practices today.
Information Booster:
Taylorism is named after Frederick Winslow Taylor, who pioneered the scientific management movement.
Taylor’s ideas were first implemented in the Midvale Steel Company in the 1880s, where he worked as a foreman.
The core objective of Taylorism was to maximize productivity and efficiency through scientific study of work processes.
The theory introduced techniques such as time and motion studies, task standardization, and performance-based pay to improve labor efficiency.
Even though Taylorism as a distinct theory declined in the 1930s, many of its principles continue to influence modern management and industrial engineering.
Additional Knowledge:
Managerial Rationalism (Option a)
The passage does not mention Managerial Rationalism as an alternative name for scientific management.
Managerial Rationalism is a broader concept that refers to logical and structured decision-making in business, whereas scientific management focuses on workflow efficiency through empirical studies.
Fayolism (Option b)
Fayolism refers to the management principles proposed by Henri Fayol, who emphasized administrative management rather than scientific efficiency.
Fayol developed 14 principles of management, such as division of work, authority, discipline, unity of command, and more.
Unlike Taylorism, which focuses on efficiency and productivity at the operational level, Fayolism is concerned with organizational structure and administrative principles.
Functional Organization (Option d)
A Functional Organization is a type of organizational structure where the company is divided into different functional units such as marketing, finance, production, and HR, each led by specialists.
It is not an alternative name for scientific management, but rather a structural approach to organizing a company’s workforce.
Although Taylor introduced functional foremanship as part of his management ideas, a functional organization is a broader concept that extends beyond Taylorism.