The Scientific Management Perspective Refers to the Management Thinking and Practice

question 142

True/False

The scientific management perspective refers to the management thinking and practice that emphasizes satisfaction of employees' basic needs as the key to increased worker productivity.

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Definitions:

Net Increase in Cash

The total change in cash and cash equivalents indicating the difference between cash inflows and outflows over a period.

Presentation of Activities

The structured detailing of actions taken or planned by an organization, often applied in the context of reporting or strategic planning.

Operating Investing

This key term is not clear; it may refer to investing activities in the context of a business's operations, but without further context, a precise definition cannot be provided.

Financing Activities

Transactions related to raising capital and repaying investors, including issuing debt, repurchasing shares, and paying dividends.