Scientific Management Involves Enriching Job Tasks and Demands

question 62

True/False

Scientific management involves enriching job tasks and demands.

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Definitions:

Capital-Saving

Technology or methods that allow the same level of production with less investment in capital.

Technological Advance

The process of introducing new technologies or improving existing ones to increase efficiency, productivity, or quality.

Capital Goods

Long-lasting goods that are used in the production of other goods or services, such as machinery, buildings, and equipment.

Investment In-Kind

Contributions of goods, services, or other non-monetary assets to an investment or project rather than cash.