Although the Names "Time Studies" and "Time and Motion Studies

question 73

True/False

Although the names "time studies" and "time and motion studies" are out,old-fashioned,and unloved,similar procedures are still widely used.They are called by other names including process analysis and cycle-reduction studies.They are done in other ways.The difference may be that cycle-time analysis places more stress on the group.

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Definitions:

Supervision

The act of overseeing and managing the performance and productivity of employees to ensure tasks and objectives are accomplished.

Cash Flow

The sum of net income plus any noncash expenses, such as depreciation and amortization, or the difference between the actual amount of cash a company brings in and the actual amount of cash a company disburses in a given time period.

Regular Duties

These are the usual tasks or responsibilities assigned to a person in their job or role.

Takeoff Stage

Refers to the phase in a country's economic development where growth becomes rapid and self-sustaining, often marked by increases in productivity and investment.