Subject name: INTRODUCTION TO MANAGEMENT Assessment task (no): ASSESSMENT TASK NO. 2 Essay topic question: Describe and evaluate the key elements of Frederick Taylor’s approach to ’scientific management’ and comment on its applicability in contemporary organisations (You might select a particular industry or occupational area for this analysis). Class teacher’s name: Philomena Bilotta Submitted by: Michael Kevin Roldan Student number: S3380334 This paper discusses the major elements and key
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Company Background [pic] The business began in 1940‚ with a McDonald’s Bar-B-Q restaurant opened by brothers Richard and Maurice McDonald at San Bernardino‚ California. They had a staff of 20 attractive waitresses at a drive-in restaurant and 25 items menu that included barbecue ribs‚ beef‚ and pork sandwiches. They became the #1 teen hangout in the San Bernardino. Their introduction of the "Speedee Service System" in 1948 additional the system of the modern fast-food restaurant that the
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Is Marketing Management an artistic exercise or a scientific exercise? The marketing concept focuses on customer analysis‚ competitor analysis‚ and integration of the organisation’s resources to provide customer value and satisfaction‚ as well as long-term profits (Pride et al. 2007‚ p. 13). To gain customer’s satisfaction‚ organisations need to respond to ever-changing customer needs in a timely manner. Being too concerned about the analysis result has a risk of giving marketers a narrow view
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Federick W. Taylor‚ considered the father of scientific management published his work‚ The Principles of Scientific Management in 1911 has been instrumental in revolutionising management thought. He promoted the process of scientifically studying work to increase worker and organisational efficiency. His principles contributed to a variety of management practices involving specialisation‚ assembly production‚ division of work‚ work incentives and management control. The development of machine-tools
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and stay on until 3:00 p.m. Many of these older customers were attracted initially by a monthly breakfast special for people aged 55 and older. The meal costs $.99 and refills of coffee are free. Every fourth Monday‚ 100 to 150 seniors jam Mary’s McDonald for the special offer. But now almost as many of them are coming every day – turning the fastfood restaurant into a meeting place. They sit for hours with a cup of coffee‚ chatting with friends. On most days‚ as many as 100 will stay from one to
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Fredrick Taylor‚ the father of scientific management. He had a firm belief in "one best way" (Samson & Daft‚ 2003)‚ of doing something. In the year 1899‚ Taylor held an experiment that involved German and Hungarian men‚ whose job involved some very heavy-duty work (Gabor‚ 2000). To his disappointment‚ men either refused to work‚ or wouldn ’t work to his expectations. The men hated him utterly; to the extent he required security when going home (Gabor‚ 2000). In his entire dilemma with his employers
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fast food. However In many countries‚ main items are adapted according to the customs and tastes of individual countries. For example‚ most Indian is forbidden eating beef for Hinduism. So McDonald changes their ingredient and recipe. If you visit to McDonald in India‚ you can have potato patty in burger. McDonald offers good example of standardization. Q2. Do you think government officials in developing countries such as Russia‚ China and India‚ welcome McDonald’s? Do customers in these countries
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McDonald’s reported a year end annual earnings report for the last 4 years: 2010‚ 2009‚ 2008‚ and 2007. This portion of the McDonalds essay will cover the company’s account amounts for the 2 most recent year end reporting period which are 2010 and 2009. This report will cover the actual numbers from McDonald’s Corp balance sheet. The balance sheet lists each individual account that applies as a liability account. Accounts payable‚ notes payable‚ short term debt‚ accrued liabilities‚ and other
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201KM GROUP PROJECT CASE STUDY 4 McDonalds and Hong Kong McDonalds celebrated its 50th anniversary in April 15‚ 2005 and remained true to the statement "As far as I can tell‚ the only place you can’t get a Big Mac is in outer space." (1990) The company operates as a global business through franchising. In 2004‚ the company reported to have established 30‚000 local restaurants located in 115 countries across five continents. It is the biggest fast food retailer conquering markets
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of Scientific Management Introduction Management is an activity that occurs throughout every organization‚ be they social‚ political or commercial in nature. In fact‚ the field of management is a broad one‚ with various functions‚ principles and theories which are still being studied in the modern age. This essay firstly reviews the journal article by Professor Edwin A. Locke which is in itself a critique on the ideas of Frederick Winslow Taylor‚ the founder of scientific management
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