Which of the Following Would Be Evident in a Manufacturing

question 54

Multiple Choice

Which of the following would be evident in a manufacturing company in which industrial engineers have maximized efficiency by determining the best way to perform every task from tightening a bolt to operating a forklift?

• A) scientific management
• B) equity theory
• C) the Hawthorne effect
• D) expectancy theory

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Definitions:

Partnership

A lawful business structure involving two or more people who jointly manage and share the earnings.

Financial Accounting Standards Board

An independent organization responsible for establishing and improving financial accounting standards in the United States.

Generally Accepted Accounting Principles

The standard framework of guidelines for financial accounting used in any given jurisdiction.

Internal Users

Individuals within the organization, such as managers and employees, who use financial information to make decisions regarding the company's operations.