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Briefly explain the following technique of scientific management as given by F.W. Taylor: Standardization - Business Studies

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Question

Briefly explain the following technique of scientific management as given by F.W. Taylor:

Standardization

Explain
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Solution

Standardization means fixing standards for different activities in a business. These standards can be set for processes, raw materials, time taken to complete work, products, machines, methods of work, and working conditions. These fixed standards act as guidelines or benchmarks that must be followed during production to ensure uniformity and efficiency.

  1. To reduce a given line or product to fixed types, sizes, and characteristics.
  2. To establish interchangeability of manufactured parts and products.
  3. To establish standards of excellence and quality in materials.
  4. To establish standards of performance of men and machines
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