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List Three of the Basic Ideas of Scientific Management

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List three of the basic ideas of scientific management.


Definitions:

Business Properties

Assets owned by a business, including physical locations, intellectual property, and tangible assets.

High-Technology

Pertaining to the most recent and advanced technology available, especially in the fields of electronics and computing.

Life Sciences Companies

Firms involved in the field of biology and biotechnology, including pharmaceuticals, biomedical technologies, life systems technologies, and services or products related to the science of living organisms.

Standard Factoring Arrangement

An agreement where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

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