Who Is Credited with First Developing the Theory of Scientific

question 15

Multiple Choice

Who is credited with first developing the theory of Scientific Management?

• A)Henry Ford
• B)Locke and Latham
• C)Frederick W.Taylor
• D)Frank Gilbreth

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Definitions:

Pablo Picasso

A Spanish painter, sculptor, printmaker, ceramicist, and stage designer considered one of the greatest and most influential artists of the 20th century.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Marginal Resource Cost

The extra expense resulting from the consumption of an additional unit of a resource.

CEO Pay

The compensation package awarded to the chief executive officer of a corporation, which may include salary, bonuses, stock options, and other benefits.