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2 years ago

What is the role of Scientific management in the modern era?

Business

1 answer:

rjkz [21]2 years ago

6 0

The Scientific management in the modern era is management that analyzes and synthesizes workflows.

The role of Scientific management in the modern era is improving economic efficiency, especially in the labor productivity. It is a systematic approach to handle management problems. It implies scientific techniques in method of work, recruitment, selection and training of workers.

Scientific management in the modern era is helped in the enhanced production. The employees perform repetitive tasks and are therefore easily controlled by the management.

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4 years ago

Immen Corporation manufactures two products: Product B82O and Product P99Y. The company uses a plantwide overhead rate based on

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Answer:

Allocated overhead = $704,200

Explanation:

Allocated overhead = overhead absorpton rate × labour hours

Overhead absorption rate = estimated overhead /estimated labour hours

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3 years ago

an industry is comprised of 20 firms, each with an equal market share, what is the four firm concentration ratio of this industr

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Answer:

4-Firm Concentration ratio = 20%

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4-Firm Concentration ratio = 0.05 * 4

4-Firm Concentration ratio = 0.2

4-Firm Concentration ratio = 20%

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3 years ago

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3 years ago

A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s

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Answer:

A. Matched Samples

Explanation:

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4 years ago

What is the role of Scientific management in the modern era?​

What is the role of Scientific management in the modern era?