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Ilya [14]
3 years ago
10

__________ emphasizes that there is "one best way" to perform a job or task in order to increase productivity. the "one best way

" could be identified by studying each task and developing precise procedures.
Business
2 answers:
Ket [755]3 years ago
4 0
The answer is scientific management. Scientific management is a theory of management that analyzes and produces a workflow. Its main aim is improving economic efficiency, especially labor productivity and is one of the earliest attempts to apply science to the engineering of processes and to management. The theory uses engineering science and mathematics to reduce waste and increase the efficiency of the methods and process of production.
jarptica [38.1K]3 years ago
3 0
Scientific Management  
This is a hypothesis of administration that investigates and combines work processes. Its fundamental target is enhancing monetary effectiveness, particularly work profitability. It was one of the most punctual endeavours to apply science to the building of procedures and to administration.
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What do you think are some of the risks and challenges associated with performing so many hypothesis tests? what would you do to
Aloiza [94]

The risks and challenges associated with performing so many hypothesis tests nearly all null hypotheses are false on a priori grounds.

A hypothesis is a supposition, an idea put forward for the purpose of discussion, that can be tested to see if it is true. Hypotheses are formed before the is implemented.

Hypotheses are usually written as if/then statements. B. If someone eats a lot of sugar, they will get cavities in their teeth. These statements identify a particular variable (in this case, eating a lot of sugar) and imply an outcome (in this case, the tooth develops cavities).

Hypotheses are used to define the relationship between two variables in an experiment. The purpose of a hypothesis is to find an answer to a question. Formalized hypotheses make us think about what kind of results we should be looking for in our experiments. The first variable is called the independent variable.

Learn more about Hypotheses brainly.com/question/11555274

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6 0
2 years ago
When a firm uses K units of capital and L units of labor, it can produce Q units of output with the production function Q = K√L.
DanielleElmas [232]

Answer:

STC = 20K + 25L = 20*5 + 25*[\frac{Q^2}{25}] = 100 + Q^2

Explanation:

We are given:

K units of capital and L units of labor.

•Each unit of capital cost = 20

• Each unit of labor cost =25

• Level K is fixed at 5 units

We are told production function Q = K√L

Using the production functions and the values given, we can get that Q=5√L.

To find Q, the amount of labor will be given as:

L = \frac{Q^2}{25}

Therefore, the Short run total cost function (STC) will be:

20K + 25L = 20*5 + 25[\frac{Q^2}{25}] = 100 + Q^2

7 0
3 years ago
On December 31, Year 1, the Loudoun Corporation estimated that 3% of its credit sales of $112,500 would be uncollectible. Loudou
-BARSIC- [3]

Answer:see attached file

Explanation:

4 0
3 years ago
Suppose that the price of chicken rises sharply compared to the price of turkey. In response, consumers buy more turkey and less
astra-53 [7]

Answer:

A.overstate; substitution

Explanation:

Consumer Price Index (CPI): is a measure that examines the weighted average of prices of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking the average of the price changes for each item in the predetermined  goods. Changes in the CPI are used to assess price changes associated with the cost of living therefore the CPI is used economist for identifying periods of inflation or deflation.

when we say the CPI overstate inflation; it is because of:

Substitution bias (when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives; Therefore, it tends to overstate inflation due to a lack of accountability ) and;

Quality bias (over time, technological advances increase the life and usefulness of products).

3 0
4 years ago
The risk premium (hence expected return) of a security is determined by its ________ risk and does not depend on its ___________
Rzqust [24]

Answer:

systematic risk ,diversifiable risk

Explanation:

risk premium is the investment return demanded by an investor for buying a risky assets that an investment is anticipated to deliver it reward to those who are willing to take higher risk than investors who prefer risk free investment.

systematic risk when economic treds influence assets and the market in similr way than investment risk for similr assets are corellated Systematic risk cannot be diversified away. Non-systematic risk, or the risk unique to each individual security, meanwhile, can be mitigated through diversification.

conclusion: both the sytematic and nom systematic risk are the influencing factor of the risk premium while sytematic risk is not influenced by market but diversfiable risk are influenced by market .

brainly.com/question/14055202?utm_source=android&utm_medium=share&utm_campaign=question

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7 0
2 years ago
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