Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

Which of the following are the contemporary techniques of business process that are aimed at standardizing the work?

Options:

Kaizen

Benchmarking

Business Process reengineering

All of these

Correct Answer:

All of these

Explanation:

According to F.W. Taylor,the scientific method should be used to analyse methods of production prevalent under the rule of thumb. The best practices can be kept and further refined to develop a standard which should be followed throughout the organisation. This can be done through work-study techniques which include time study, motion study, fatigue study and method study. It may be pointed out that even the contemporary techniques of business process including reengineering, kaizen (continuous improvement) and benchmarking are aimed at standardising the work.