The Most Important Pre-Twentieth Century Development in Management Was the ________

question 87

Multiple Choice

The most important pre-twentieth century development in management was the ________.

• A) Industrial Revolution
• B) personal computer
• C) building of Brooklyn Bridge
• D) American Revolution

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Definitions:

Monthly Compounded

Pertains to interest or any financial metric that is calculated and added to the principal balance every month.

Nominal Rate

The stated interest rate of a bond or loan, not accounting for compounding or inflation effects.

Annually Compounded

An investment or interest calculation method where the interest earned over the year is added to the principal at year-end, affecting the amount earned the following year.

Nominal Rate

The nominal rate refers to the interest rate stated on a loan or investment agreement before adjusting for inflation or other factors.