One Reason That Scientific Management Is No Longer as Applicable

question 8

Multiple Choice

One reason that scientific management is no longer as applicable in the work place as it was at one time is that

• A) the standard of living has increased over the years.
• B) the theory is too broad to apply today.
• C) jobs today are more complex than they used to be.
• D) the principles do not apply to international businesses.

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Definitions:

Subordinated Debt

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Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures.

Expected Return

The anticipated return on an investment based on the probabilities of achieving certain returns, factoring in all possible outcomes.

Bankruptcy Laws

Statutes that govern the process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.