Studies Have Consistently Found That

question 368

Multiple Choice

Studies have consistently found that

• A)psychological efficiency is important because happy workers are productive workers.
• B)work efficiency is much more important than psychological efficiency.
• C)emphasizing psychological efficiency has led to decreased production.
• D)scientific management produces the happiest and most productive workers.

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Definitions:

Inventory

The total amount of goods and materials held in stock by a business, including raw materials, work-in-progress, and finished goods.

Throughput

The rate at which a system or process produces goods or handles material, often measured within a specific time frame.

Operating Expenses

Costs associated with the day-to-day functioning of a business that are not directly tied to production, such as salaries and rent.

Production Processes

Refers to the sequence of activities or operations involved in transforming raw materials into finished goods.