Which of the Following Statements Best Describes Scientific Management

question 27

Multiple Choice

 Which of the following statements best describes scientific management?

• A) It focuses on how jobs, work, and incentive schemes could be designed to improve productivity using industrial engineering methods.
• B) It involves a clear differentiation of tasks and responsibilities among individuals and coordination through a strict hierarchy of authority and decision rights.
• C) It holds the belief that organizations must be understood as systems of interdependent human beings who share a common interest in the survival and effective functioning of the firm.
• D) It is a view of the firm where effective organizational structure is based on fit or alignment between the organization and various aspects in its environment.

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Definitions:

Partnership

A legal business arrangement where two or more individuals share ownership, profits, risks, and responsibilities.

Communist Countries

Nations that practice or claim to practice a system of government based on the communist ideology, characterized by the community or state ownership of all property and means of production, with the aim of achieving classlessness and statelessness.

Investment

The allocation of resources, such as capital or time, in the expectation of generating income or profit.

MPC

Marginal Propensity to Consume, a metric that represents the proportion of an additional unit of income that is spent on consumption.