Which Management Theorist Would Most Likely Have Said, "The Greatest

question 74

Multiple Choice

Which management theorist would most likely have said, "The greatest waste in the world comes from needless, ill­ directed, and ineffective motions"?

• A) Frederick Taylor
• B) Frank and Lilian Gilbreth
• C) Elton Mayo
• D) Henri Fayol
• E) Chester Barnard

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Definitions:

Cost of Goods Manufactured

The total production cost of goods that are completed and ready for sale during a specific period.

Raw Materials Purchased

The total cost of all raw materials bought by a company for use in production.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including utilities, rent, and salaries of supervisors, that cannot be directly traced to specific products.

Supply Chain

The Supply Chain encompasses all the steps involved in producing and delivering a product or service, from the raw material stages to the final customer delivery.