Final answer:
Frederick Taylor's system of management can be described as a combination of time-and-motion studies, task concept, and work incentives, which is a part of his theory of scientific management focusing on increasing efficiency through standardization.
Step-by-step explanation:
Frederick Taylor developed a system of management known as scientific management, which aimed to improve factory efficiency rates through the principle of standardization. His approach can be described as time-and-motion studies, task concept, and work incentives. Taylor's model reduced the nature of work to repetitive tasks, limiting human contact and collaborative opportunities, and primarily focused on increasing productivity and profitability.
Taylor's insights into breaking down tasks for efficiency not only became the bedrock for modern industrial engineering practice but also significantly influenced the organizational psychology field. His book, The Principles of Scientific Management, published in 1911, illustrates the use of time and motion studies to increase output for companies while also aiming to increase wages for workers through enhanced efficiency and training.
Nevertheless, while Taylorism streamlined the production processes, it was not without criticism, especially from workers who felt that their autonomy and job satisfaction were compromised by the new system that treated them more like parts of a machine rather than skilled employees.