Which of the Following Is an Example of Scientific Management

question 10

Multiple Choice

Which of the following is an example of scientific management in today's workplace?

• A)Telephone sales in which the caller follows a script
• B)Grocery checkout in which the computer measures the efficiency and speed of the clerks
• C)Fast food preparation
• D)All of the above

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Definitions:

Inflation Tax

An implicit tax where the government benefits from inflation by reducing the real value of public debt, but it also reduces the purchasing power of money held by the public.

Central Bank

The main monetary authority of a country, which regulates the supply of money and interest rates, aiming to maintain price stability and economic growth.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Inflation Rate

The rate at which the overall cost of goods and services in an economy increases over time.