Match list I with list II
Choose the correct answer from the options given below: |
A-I, B-III, C-II, D-IV A-IV, B-I, C-II, D-III A-III, B-II, C-IV, D-I A-II, B-III, C-I, D-IV |
A-IV, B-I, C-II, D-III |
The correct answer is option 2- A-IV, B-I, C-II, D-III.
* Setting benchmarks for every business activity which must be adhered during production - Standardisation of work- Taylor was an ardent supporter of standardisation. According to him 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. Standardisation refers to the process of setting standards for every business activity; it can be standardisation of process, raw material, time, product, machinery, methods or working conditions. These standards are the benchmarks, which must be adhered to during production. * Eliminating superflous varieties, sizes and dimensions- Simplification of work. Simplification aims at eliminating superfluous varieties, sizes and dimensions while standardisation implies devising new varieties instead of the existing ones. Simplification aims at eliminating unnecessary diversity of products. It results in savings of cost of labour, machines and tools. It implies reduced inventories, fuller utilisation of equipment and increasing turnover. * Minimizing the cost of production & maximising the quality and satisfaction of customers- Method study- The objective of method study is to find out one best way of doing the job. There are various methods of doing the job. To determine the best way there are several parameters. Right from procurement of raw materials till the final product is delivered to the customer every activity is part of method study. Taylor devised the concept of assembly line by using method study. Method study helps in minimise the cost of production and maximise the quality which ultimate satisfy the customers. |