Frederick W

question 185

Multiple Choice

Frederick W. Taylor's research led to the emergence of scientific management, which is defined as

• A) eliminating waste and inefficiency at work.
• B) the application of scientific principles to the management of work and workers.
• C) researching optimal tools for motivating employees.
• D) using the workplace to conduct scientific research on human behavior.
• E) the study of management using a scientific approach.

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Definitions:

Amortization

The process of gradually writing off the initial cost of an asset over its useful life or pay down the principal of a loan over time.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing corporation.