A Key Contribution of Frederick Taylor's Scientific Management Philosophy Was

question 86

Multiple Choice

A key contribution of Frederick Taylor's scientific management philosophy was to:

• A)reduce the reliance on inspectors for quality assurance.
• B)increase the training and education workers received.
• C)separate the planning function from the execution function.
• D)combine individual work tasks to promote teamwork.

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Definitions:

Installment Note Payment

Payments made regularly on a loan that includes both interest and a portion of the principal.

Interest Portion

The part of a payment or financial obligation that represents the cost of borrowing or the charge for the service of using someone else's money.

Carrying Amount

Also known as book value, this is the value of an asset as recorded in the company's balance sheet, after deducting accumulated depreciation or amortization.

Bond Discount Account

An account that shows the difference between the face value and the lower selling price of a bond, which is amortized over the life of the bond.