scientific management

noun

: planned management of production or other industrial or business activity that is based on the use of codified and verified knowledge of the knowable factors and directed toward the drawing up and carrying out of an overall plan accompanied by detailed instructions for each operation as established from time and motion study standards and research, and that in practice provides for full and effective use of equipment and an incentive system giving adequate compensation to workers

Word History

First Known Use

1910, in the meaning defined above

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