Nowadays, research in management and organizational theory plays an important part in how business operates. By for the most influential person of the time and someone who has had an impact on management service practice as well as on management thought up to the present day, was Frederick W. Taylor. Taylor was the first modern efficiency expert in world history. Around the Twentieth Century, he formalized the principles of Scientific Management and developed a set …showed first 75 words of 1410 total…

…showed last 75 words of 1410 total…Development Methods, 16, 909. Retrieved March 23,2006, from the University of Auckland: Proquest database. Freeman,M.(1996). Scientific management: 100 years old; poised for the next century. S.A.M. Advanced Management Journal, 16,909. Retrieved March 23,2006, from the University of Auckland: Proquest database. McDonald's Coroporation.(2006). Your Pay and Reward. Retrieved March 23,2006, from the World Wide Web: http://www.mcdonalds.ca/en/careers/restOpp_rewards.aspx Schaaf,D.(1994, December). Inside Hamburger University. Minneapolis, 31,18. Retrieved March 23,2006, from the University of Auckland: Proquest database.