Answer:
The program that sought to streamline production and boost profits by systematically controlling costs and work practices was called scientific management.
Step-by-step explanation:
Scientific management is the term for a method of planning production developed during industrialization. It states that industrial products must be characterized by scientifically designed methods, and that all thought work is moved from the workshop floor to various planning departments. According to Frederick Taylor (the creator of this system), the best management is one that is based on the right science, otherwise production can become inefficient, which in turn leads to financial loss. The main goal of management in companies is to ensure optimal prosperity for both employer and employee. The streamlining of mass production in the 20th century, such as assembly line production in industry, was strongly influenced by Taylor's thinking.