Labor Standards Were Pioneered by Frank and Lillian Gilbreth And

question 217

Multiple Choice

Labor standards were pioneered by Frank and Lillian Gilbreth and:

• A) Frederick Taylor.
• B) Eli Whitney.
• C) Henry Ford.
• D) Alan Smith.
• E) GE.

---

Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Bond

A bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.

Rule Of 70

The Rule of 70 is a calculation method used to estimate the number of years required for an investment or the economy's GDP to double, based on a constant annual growth rate.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a set period.