What Conclusions Did Business Managers Draw from Scientific Management

question 46

Multiple Choice

What conclusions did business managers draw from scientific management?

• A) Because salary is a hygiene factor,wages do not motivate workers to produce more.
• B) The informal group was relatively unimportant.
• C) Goal setting increased worker output.
• D) Business firms had to provide for food,water,shelter,and sleep for their workers to increase output.
• E) Paying workers a higher wage and redesigning the job into simple tasks would dramatically increase output.

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Definitions:

Absorption Costing

A bookkeeping approach that incorporates all expenses related to production, including direct materials, direct workforce, and variable along with fixed overhead costs, into the product's cost.

Income Reported

Refers to the total revenue recognized by an entity within a specific reporting period, often found in financial statements.

Operations

Refers to the day-to-day activities involved in running a business, including production, sales, and administration functions.

Variable Costing

An accounting method that only includes variable costs in the cost of goods sold and analyzes fixed costs separately.