Which of the Following Is a Fundamental Contribution of Scientific

question 108

Multiple Choice

Which of the following is a fundamental contribution of scientific management?

• A)It could raise a country's standard of living through improved production efficiency.
• B)It provided for management control, a basic management function.
• C)It provided the basis for the coming rise of unionisation.
• D)It led to lower overall wages, thereby increasing organisational profitability.
• E)It opened the door for women in the workplace.

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and gives shareholders voting rights and a dividend.

Subordinated-Debt Capital

A type of loan that ranks below other loans and securities with respect to claims on assets or earnings in the event of a liquidation or bankruptcy.

Fixed Coupon

A bond or debt security that pays a specified rate of interest throughout its entire term.

Maturity

The state of being fully developed in the body or the mind, or the point at which an instrument of credit becomes due.