Today, Versions of Fredrick Taylor's Approach to Improve Worker Efficiency

question 103

Multiple Choice

Today, versions of Fredrick Taylor's approach to improve worker efficiency by standardizing work routines and careful planning are referred to as

• A)psychological efficiency.
• B)participative management.
• C)job enrichment.
• D)scientific management.

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Definitions:

Round Calculations

The process of adjusting numerical values to a specified degree of precision, often used in financial and statistical analysis to simplify figures.

Machine-Hours

A measure of production time, quantifying the hours a machine is operated in the manufacturing of a good.

Activity Rate

The activity rate is a cost accounting term that refers to the rate at which indirect costs are allocated to products or services based on specific activities.

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities and resources used in the production or delivery process.