Examlex
According to the promoters of Scientific Management, why was it necessary to routinize the labor of wage workers?
Rules of Thumb
Simple, general principles or guidelines that are typically derived from practice rather than theory.
Efficiency Wage Theory
Suggests employers pay a higher wage than the market equilibrium to increase worker productivity and loyalty.
Worker Productivity
A measure of output per labor hour.
Fairness
The quality of being just, equitable, and impartial; often a subjective measure in economic and social contexts.
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