The technique that is being described in the given sentence is 'Method Study'. According to the 'Method Study' there is always a 'one best way' to complete any task. Every task can be performed via best method to gain efficiency. The basic purpose of this study is to reduce the costs to its minimal and increase the productivity to its maximum. Time study, Motion study and Fatigue study aims at standardising the time limits, eliminating the unwanted actions and deciding the break limits, respectively.

Scientific Management and Method Study

Scientific management is a management approach that aims to improve efficiency and productivity by applying scientific methods to analyze and optimize work processes. One of the key techniques of scientific management is method study, which involves identifying the "one best way" to perform a task.

Method Study

Method study is a systematic approach to analyzing and improving work methods. It involves breaking down a task into its constituent elements, examining each element in detail, and finding the most effective and efficient way to perform the task. The goal of method study is to eliminate unnecessary steps, reduce waste, and improve productivity.

Identifying the "One Best Way"

In the given sentence, the phrase "One best way" refers to the objective of method study. The management should find the single most efficient and effective method to perform a task. This means that there may be multiple ways to perform a task, but through method study, the management aims to identify the best method that will result in the highest productivity and quality.

Benefits of Finding the "One Best Way"

- Efficiency: By identifying the most efficient method, the management can eliminate unnecessary steps, reduce time wastage, and improve overall efficiency in task performance.
- Standardization: Finding the "one best way" allows for standardization of work methods. This ensures consistency in performance across different individuals and reduces variations in output.
- Training: Once the best method is identified, it can be taught to employees as the standard procedure. This simplifies training and reduces the learning curve for new employees.
- Continuous Improvement: Method study is an ongoing process that aims to constantly improve work methods. By regularly evaluating and analyzing tasks, the management can identify opportunities for further optimization and improvement.

Conclusion

In conclusion, the technique of scientific management that is defined in the given sentence is method study. Method study aims to find the "one best way" to perform a task by analyzing and optimizing work methods. This technique helps in improving efficiency, standardizing work processes, simplifying training, and driving continuous improvement.