According to the Principles of Scientific Management, the Best Way

question 129

Multiple Choice

According to the principles of scientific management, the best way to improve productivity is to:

• A)give employees greater recognition for their efforts.
• B) establish open two-way communications among all of the organization's employees and managers.
• C)use time-motion studies to find the best method of doing each job, then teach those methods to employees.
• D)use job rotation and job enlargement to make work more interesting and challenging.

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Definitions:

FASB's Proposal

A suggested change or addition to accounting standards published by the Financial Accounting Standards Board.

Employee Stock Options

A privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed-upon price within a certain period or on a specific date.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares, usually at the discretion of the bondholder.

Diluted Earnings

Earnings per share (EPS) calculated using the maximum potential number of shares that could be outstanding if all sources of conversion, such as convertible bonds or employee stock options, are exercised.