It Was More Than a Century Ago That an Engineer

question 385

Multiple Choice

It was more than a century ago that an engineer named Frederick Taylor walked into factories and starting timing workers with a stop watch. He dissected their movements, and organized them more efficiently. The monitoring tool, the 21st century equivalent of Taylor's stopwatch, is the computer. Those of us who use them produce rivers of data describing the hours of our work day. Suppose modern firms pay employees based on the quantity of work completed each day as monitored through computers by managers. How would this solve the principal-agent problem?

• A) through employee incentive pay
• B) through employee ownership
• C) through employee long-term contracts
• D) through employee monitoring

Learn about the use of 3D presentations to enhance audience understanding and memory of the content.

Grasp the importance of an impactful introduction in a speech, including ways to capture attention, preview main points, and establish credibility.

Recognize best practices for preparing and using notecards during a presentation to aid speech delivery without fully scripting the talk.

Understand the implications of using standard versus customized templates in multimedia presentations for audience engagement and message delivery.

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Definitions:

Social Norms

Unwritten rules and expectations for behavior within a society or group, guiding individual actions and interactions.

Division Of Labor

The allocation of different tasks and responsibilities to specific individuals or groups in a society or organization to increase efficiency.

Collectivism

A cultural value or social outlook that emphasizes the importance of groups and community over individual achievements or desires.

Culture

The shared values, customs, social behaviors, institutions, and intellectual achievements of a particular society or group, shaping its members' worldview and lifestyle.