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... ensured its diverse application in many organizations. However, its widespread application has bred conditions which have rendered it less applicable in modern organizations as outlined above in the case of McDonald’s.
This is because modern organizations rank humanistic factors such as loyalty, adaptability and employee initiative alongside efficiency. This renders Taylor’s scheme of emphasizing on monetary reward in exchange for labor as impractical, outmoded and untrue.
PRACTICAL APPLICATIONS OF MANAGEMENT THEORIES
The essay has analyzed how the application of scientific management practices has greatly improved the efficiency of various organization.
Details
| language |  | english |
| wordcount |  | 1521 (cca 4 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 8 |
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Preview of the essay: PRACTICAL APPLICATIONS OF MANAGEMENT THEORIES
PRACTICAL APPLICATIONS OF MANAGEMENT THEORIES Scientific management in the 21’st century is common place in many organizations worldwide. Examples include daily work environments, computer manufacturing plants, hospitals and even restaurants. The application of scientific management practices has greatly improved their efficiency. These practices have become so common place that is almost impossible to believe that they were revolutionary some 100 years ago. However, it is also important to note that scientific management practices have ...... ensured its diverse application in many organizations. However, its widespread application has bred conditions which have rendered it less applicable in modern organizations as outlined above in the case of McDonald’s.
This is because modern organizations rank humanistic factors such as loyalty, adaptability and employee initiative alongside efficiency. This renders Taylor’s scheme of emphasizing on monetary reward in exchange for labor as impractical, outmoded and untrue.
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Economics
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