Scientific Management Is Based On

question 19

Multiple Choice

Scientific management is based on:

• A) exploring all the options and then choosing the best.
• B) having all levels of workers reach consensus on quotas.
• C) having a single best way to achieve goals.
• D) guaranteeing quality control.

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Definitions:

Free Cash Flow

Cash generated by a company after accounting for operating expenses and capital expenditures, available for investment or distribution.

Direct Method

An accounting method used to prepare the cash flow statement, which shows actual cash inflows and outflows from operating activities.

Operating Expenses

Expenditures that a business incurs through its normal business operations, such as rent, utilities, and salaries, excluding production costs.

Accounts Receivable

Receivables from clients for services or goods delivered by a company but not yet compensated.