MODERN MANAGEMENT Basic premise of scientific management (1)increasingly acute labor-capital conflict was that social resources were not fully utilized (2)basic assumption is that man is an"economic man" (3)A single person can achieve maximum efficiency,but collective behavior leads to a decline in efficiency.Scientific management is an effective way to improve individual efficiency.Modern ManageMent Basic premise of scientific management (1) increasingly acute labor-capital conflict was that social resources were not fully utilized (2) basic assumption is that man is an "economic man" (3) A single person can achieve maximum efficiency, but collective behavior leads to a decline in efficiency. Scientific management is an effective way to improve individual efficiency