Taylorism suggests low levels of trust between an employer and their workforce. To ensure that labor power purchased is converted into labor performed, direct control is therefore required. Managers are urged by this control question to identify methods of enforcing workers what they should do, how to perform it, within what parameters, and how quickly, and assess employee performance and impose penalties.
<h3>What is Taylorism in scientific management?</h3>
As a manager of mechanics, Frederick Taylor created the Taylorism tenet in order to achieve the most effective workplace practices.
Taylorism is a scientific management approach that divides up the many activities inside an organization so that workers can accomplish tasks as quickly as feasible. Therefore, the fundamental tenets of Taylorism as a scientific management system are best summarized as effective administration of workers and the requirement to take into account psychological and social factors as well as technical ones. It was developed as an industrial management philosophy in the nineteenth century to boost productivity. To do this, every stage of the industrial manufacturing process needs to be dissected, allowing for more specialized and efficient production.
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Answer:
- $33,678.21
Explanation:
Cash flow Summary of the Project will be as follows
Year 0 = $410,000 + $3,000 = - $413,000
Year 1 = $101,000
Year 2 = $101,000
Year 3 = $101,000
Year 4 = $101,000
Year 5 = $101,000 + $41,000 + 3,000 = $145,000
So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :
- $413,000 CF 0
$101,000 CF 1
$101,000 CF 2
$101,000 CF 3
$101,000 CF 4
$145,000 CF 5
i/yr = 13%
Shift NPV = - $33,678.21
Answer:
It is the sum of the fixed costs and variable costs.
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Answer:
The allowable medical deduction after Adjusting Total Income is $0
Explanation:
Particulars Amount
Drugs and Medicines prescribed by doctors $300
Add:- Health insurance premium $750
Add:- Doctors Fees $2,250
Add:- Eyeglasses $75
Less:- Reimbursement of doctors fees received <u>($900)</u>
$2,475
Less :- Adjusted Gross Total Income of $25,000 <u>$2,500</u>
Allowable medical deduction after adjusting -25
total Income
Therefore, as the resultant amount is negative. The allowable medical deduction after Adjusting Total Income is $0
Workings
Adjusted Gross Total Income of $26,000
= $26000 × 10%
= $2,600
Answer:
c.a chiropractor and two independent physical therapists are located in his community
Explanation:
Certainly this entrepreneur should share data, community information and health specific knowledge with these therapists.
