The Main Differences Between Scientific Management or Taylorism and Classical

question 15

Multiple Choice

The main differences between Scientific Management or Taylorism and Classical Organization Theory was that Classical Theory focused on__________, whereas Scientific Management focused mainly on ______________.

• A) the whole organization; the individual worker
• B) management rights; worker rights
• C) the exception principle; breaking jobs down into small steps
• D) bureaucratic principles; the scalar principle
• E) a, b, and d are correct.

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Definitions:

Dividend Payout Ratio

A financial ratio that measures the proportion of earnings a company pays out to its shareholders in the form of dividends.

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company's total net income.

Cost Of Goods Sold

Costs that are directly incurred in the process of producing goods for sale by a company, such as labor and material expenses.