A Basic Idea of ________ Was to Conduct Time-Motion Studies

question 15

Multiple Choice

A basic idea of ________ was to conduct time-motion studies to find the best way to perform each task, then teach people to use these methods.

• A) management by design
• B) Theory Z management
• C) scientific management
• D) expectancy theory

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Definitions:

Marginal Cost

Marginal Cost is the cost incurred by producing one additional unit of a product or service.

Labor Costs

Expenses associated with employing labor, including wages, salaries, benefits, and taxes.

Average Total Cost

The total cost of production divided by the total output or quantity produced.

Average Variable Cost

Calculated by dividing the total variable costs by the quantity of output produced; it shows the variable cost per unit of output.