Which of the Following Is a Fundamental Contribution of Scientific

question 108

Multiple Choice

Which of the following is a fundamental contribution of scientific management?

• A)It could raise a country's standard of living through improved production efficiency.
• B)It provided for management control, a basic management function.
• C)It provided the basis for the coming rise of unionisation.
• D)It led to lower overall wages, thereby increasing organisational profitability.
• E)It opened the door for women in the workplace.

---

Definitions:

Other Comprehensive Income

Other Comprehensive Income includes revenues, expenses, gains, and losses that are not included in net income but affect equity, such as unrealized gains on securities.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the owners' claim on the company's assets.

Account Balances

The amount of money in a financial repository, such as a bank account, at any given time.

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business or used to pay off debt.