Time and Motion Studies Using the Stopwatch and Motion Picture

question 67

Multiple Choice

Time and motion studies using the stopwatch and motion picture camera to improve workplace efficiencies were introduced by

• A) Henry Ford.
• B) Frederick Taylor.
• C) Henry Gantt.
• D) Frank and Lillian Gilbreth.

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Definitions:

Partnership Capital

The total amount of resources contributed by partners to a partnership for the purpose of starting or expanding the business.

Partner's Contribution

Refers to the resources (capital, property, expertise) a partner brings into a partnership.

Corporation

A legal entity recognized by law as a separate entity from its owners with its own rights, liabilities, and obligations.

Board of Directors

A group of individuals elected to represent shareholders and govern the corporation's affairs and decision-making processes.