-How Does This Photograph of a Ford Assembly Line Reflect

question 20

Multiple Choice

-How does this photograph of a Ford assembly line reflect Henry Ford's statement that "the men do their work and go home-a factory is not a drawing room"?

• A) Ford established a rule prohibiting workers from talking to each other on the assembly line.
• B) Ford neglected his workers by not furnishing them with company-owned homes.
• C) Ford believed that employers did not have a right to interfere in their employees' private lives.
• D) Ford offered benefits only to certain men who met specific moral criteria.

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Definitions:

Credit Sales

Sales transactions in which the payment is delayed as agreed by both the seller and the buyer.

Cash Collection

The process of gathering all cash payments received from customers, often related to sales or services, improving a company's liquidity.

Budget Slack

The practice of underestimating revenue or overestimating costs while preparing a budget to create a buffer, which can be used to handle unforeseen financial situations.

Planning

The process of setting goals, determining resources needed to achieve those goals, and outlining the steps necessary to accomplish them.