Definition: [ˌsaɪənˈtɪfɪk ˈθɪri] is an area of science engaged in the development of management methods at the level of individual private firms and state scientific organizations in a market economy. This movement was aimed at transforming the supervision of the work process for increasing profitability. Taylor put forward three principles, namely: a high degree of labor division, monitoring the performance of assigned responsibilities and counting the expenditure of working time. An important purpose was to create an equitable pay system in accordance with the efforts of the staff.
Scientific theory in a Sentences:
The scientific theory underlies the transformation of modern management ways within the companies.
Some toppers still do not recognize the value of scientific theories in their activities.
Synonyms and related words: scientific concept, experimental theory, logical hypothesis