A Key Element of the Scientific Management Philosophy Is

question 109

Multiple Choice

A key element of the scientific management philosophy is

• A)using training and specific instructions to maximize task variety.
• B)minimizing waste by identifying the most efficient method to perform the job,while still retaining high levels of autonomy.
• C)expanding the nature of tasks performed by employees to add more variety to the job.
• D)breaking down jobs into their simplest components to facilitate specialization.

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Definitions:

Regulation D

A set of SEC rules regarding private placement exemptions, allowing companies to sell securities without going through the full SEC registration process.

Small Business Investment Companies (SBICs)

Specially licensed firms that provide venture capital, long-term loans, and other financial support to small and medium-sized businesses.

Securities Registration

The process of registering securities with regulatory bodies, a crucial step for companies seeking to issue stocks or bonds to the public.

Employee Stock Ownership Plan (ESOP)

A program that allows employees to own a stake in the company they work for, typically through the allocation of stock shares.