________ Are Operational Tools Used to Establish Labor Standards and Are

question 72

Multiple Choice

________ are operational tools used to establish labor standards and are useful for planning,control,productivity improvements,costing and pricing,bidding,compensation,motivation,and financial incentives.

• A)Work measurement methods
• B)Manpower plans
• C)Motion-study techniques
• D)Work method analyses
• E)Job design strategies

---

Definitions:

Expected Inflation

The anticipated rate at which the general level of prices for goods and services will rise over a period, eroding purchasing power.

Lintner

Lintner refers to John Lintner, an economist known for his work on the dividend policy of firms and contributions to the capital asset pricing model (CAPM).

Miller and Scholes

Refers to Merton Miller and Myron Scholes, economists recognized for their work in finance, including the development of the Black-Scholes model for option pricing.