Examlex
Which of the following is the placement of a product or service offering in the minds of consumer targets?
Minimum Wage
The lowest legal hourly pay for workers, set by government regulation.
Scientific Management
An early management theory that emphasizes the use of scientific methods to determine the most efficient ways to work, enhance productivity, and reduce waste.
Frederick Taylor
An engineer who is considered the father of scientific management, emphasizing efficiency, systematic management, and task specialization.
Scientific Management
A management theory developed by F.W. Taylor that emphasizes efficiency and productivity through the measurement, and analysis of workflow.
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