The Process of Analyzing Manufacturing Processes, Reducing Production Costs, and Compensating

question 28

Multiple Choice

The process of analyzing manufacturing processes, reducing production costs, and compensating employees based on their performance levels, is found in

• A) the human relations movement.
• B) scientific management.
• C) the scientific movement.
• D) the human resources movement.
• E) none of the above.

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Definitions:

Full-time Employees

Employees who work a standard work week, typically defined by the employer, and often receive benefits such as health insurance.

Over-time

Additional hours worked beyond the standard workweek, typically compensated at a higher pay rate.

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Weaknesses

Attributes or areas that require improvement to reach desired goals or to maintain competitiveness.