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Business

FREDERICK W. TAYLOR
Frederick W. Taylor (1856-1915) rested his philosophy on four basic principles:
1. The development of a true science of management, so that the best method for performing each task could be determined.
2. The scientific selection of workers, so that each worker would be given responsibility for the task for which he or she was best suited.
3. The scientific education and development of the worker.
4. Intimate, friendly cooperation between management and labor.

Taylor contended that the success of these principles required "a complete mental revolution" on the part of management and labor. Rather than quarrel over profits, both sides should try to increase production; by so doing, he believed, profits would rise to such an extent that labor and management would no longer have to fight over them. In short, Taylor believed that management and labor had a common interest in increasing productivity.
Taylor based his management system on production-line......


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Approximate Word Count: 1999
Approximate Pages: 8 (250 words per double-spaced page)

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