Management Thinking and Practice That Emphasises Satisfaction of Employees' Basic

question 68

Multiple Choice

Management thinking and practice that emphasises satisfaction of employees' basic needs as the key to increased worker productivity is referred to as:

• A) scientific management perspective
• B) human resource perspective
• C) management science perspective
• D) behavioural sciences approach
• E) human relations movement.

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Definitions:

Partner Bonus

A financial incentive provided to a partner within a business, often based on the firm's profitability, individual performance, or both.

Fair Market Value

The price that property would sell for on the open market, between willing buyers and sellers under no pressure to act.

Capital Balances

The amount of money that the owners or shareholders have invested in the company.

Salary Allowances

Additional benefits or compensations given to employees over and above their regular salary, which could include housing, transportation, or medical allowances.