The Goal of Scientific Management Is To_________

question 43

Multiple Choice

The goal of scientific management is to_________ .

• A) make sure workers did not consider their work boring or repetitive
• B) decreased wages for individual workers
• C) eliminate conflict between workers and management
• D) find the one best way to perform each task
• E) find different ways to motivate workers

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Definitions:

Risk

The exposure to potential financial loss or uncertainty in the outcome of an investment.

Planning

Planning in a financial context involves the process of setting goals, developing strategies, and outlining tasks and schedules to achieve financial objectives efficiently.

Percentage of Sales Methods

A financial forecasting model that bases future year's projections for various financial items as a fixed percentage of the annual sales figure.

Projected Income Statement

A financial statement that estimates a company's revenue, expenses, and net income for a future period.