According to Deming, Scientific Management Led to Rigid and Autocratic

question 146

True/False

According to Deming, scientific management led to rigid and autocratic organizations that are unresponsive to customers and employees alike.

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Definitions:

Held-to-Maturity Investments

Investments in debt securities that a company has the positive intent and ability to hold until maturity.

Broker's Commissions

This term refers to the fees that brokers earn for facilitating transactions or services such as sales of securities, real estate, or insurance policies.

Recorded

The action of entering or documenting information in a formal record or accounting system for future reference or analysis.

Trading Securities

Financial assets such as stocks or bonds, bought and held primarily for the purpose of selling them in the near term to profit from price changes.