Examlex
It was more than a century ago that an engineer named Frederick Taylor walked into factories and starting timing workers with a stop watch. He dissected their movements, and organized them more efficiently. He turned factory production into a science. Suppose work was completed in the factory based on what the floor manager decided and workers were paid a flat daily wage. How does this firm organize production?
False Cause Fallacy
A logical fallacy where a cause-and-effect relationship is incorrectly assumed between two events simply because they occur together.
Explaining Events
The process of providing detailed reasoning or evidence to clarify how or why something occurred.
Predicting Events
The activity of forecasting future events or trends based on current data or patterns.
Probabilistic Generalization
A type of reasoning that involves drawing conclusions about populations based on samples, accepting a degree of uncertainty.
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