Final answer:
Adam Smith did not introduce the principles of Scientific Management. Frederick Winslow Taylor introduced these principles in 1911.
Step-by-step explanation:
The statement in the question is False. Adam Smith did not introduce the principles of Scientific Management. The principles of Scientific Management were actually introduced by Frederick Winslow Taylor in 1911. Taylor's book, The Principles of Scientific Management, proposed that productivity could be improved by reducing wasteful movements and conducting time and motion studies. This approach aimed to increase efficiency and optimize work processes in order to maximize productivity.