Examlex
Which of the following journal entries would be recorded if a business renders service and receives cash of $900 from the customer?
Taylorism
A theory of management that analyzes and synthesizes workflows, with the primary objective of improving economic efficiency, especially labor productivity.
Fordism
Is a method of industrial management based on assembly-line methods of producing inexpensive, uniform commodities in high volume.
McDonaldization
A term referring to the process by which the principles of fast food restaurants, such as efficiency, calculability, predictability, and control, are coming to dominate more sectors of society and everyday life.
Deskilling
The process by which skilled labor within an industry or economy is eliminated by the introduction of technologies or systems that reduce the need for skilled workers.
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