Learning Curves (Or Experience Curves) Were First Applied to Industry

question 4

Multiple Choice

Learning curves (or experience curves) were first applied to industry by ________ who was studying ________.

• A) Frank Lloyd Wright; architecture
• B) Frank Gilbreth; worker efficiency
• C) T. P. Wright; air frame manufacture
• D) Lillian Gilbreth; factory efficiency
• E) Frederick W. Taylor; scientific management

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Definitions:

Net Income

The amount of profit a company generates after all expenses, taxes, and costs have been subtracted from its total revenue.

Cash Dividends

Dividends paid out in the form of cash from a corporation's earnings to its shareholders.

Dividends Paid

Payments made by a corporation to its shareholders, usually derived from the company's profits.

Assets

Economic resources or owned items of value, such as cash, property, equipment, that an individual, company, or country owns or controls with the expectation that it will provide future benefit.