Abstract
An established management system is dependent upon its social and economic environment. This paper analyses factors of the social and economic environment, in which the Taylor System is formed, including the increase in population, immigration, steel industry, labor movement, concentration of enterprises and advancement of industrial technology, and makes clear the interactions of these factors and studies the system based on the theory of Maximum-Profit Equilibrium. It proposes a method for understanding the system in other environments and an approach for establishing future management systems.
