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Inga [223]
3 years ago
8

In the context of Frederick W. Taylor's four principles of scientific management, what is a difference between the first princip

le and the third principle?
Business
1 answer:
Arada [10]3 years ago
6 0

Answer:

Explanation:

Fist we should understand 1st and 4th principles.

First principle - "Science, Not Rule of Thumb". It says that we should develop a science for elements of work and do not get stuck in a set routine with the old techniques of doing work. We should be constantly experimenting to develop new techniques which make the work much simpler, easier and quicker. Basically, looking at doing work from the perspective of science and experimenting.

Third principle - "Cooperation, Not Individualism". It says  that when people work together there should be cooperation. Managers and employees should work together and jointly achieve results. This increases involvement and responsibility

The first principle is to develop a science for each element of work, whereas the third principle instructs managers to cooperate with employees to ensure that scientific principles are actually implemented is a difference between the first principle and the third principle.

You might be interested in
A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was
Flura [38]

Answer:

A cash outflow of $82 million is correct answer

Explanation:

Options:

A cash outflow of $12 million.

A cash outflow of $78 million.

A cash outflow of $80 million.

A cash outflow of $82 million.

(Hope this helps can I pls have brainlist (crown)

8 0
2 years ago
Read 2 more answers
A professional theater company wants to hire a young actor to play an important part in a play. Many actors have expressed an in
SSSSS [86.1K]

Answer: C. An actor who comes from a respected talent agency.

Explanation:

Talent Agencies are professionals in the field. The people they send have been put through training programs that the Talent Agency knows will serve them well because they are in that same industry. For this reason, actors from Talent Agencies send the strongest signals.

Look at it this way, would you take investment advice from an investment banker or from an entrepreneur? Both could present very strong cases but the Investment Banker has expertise in the subject and is more likely to be picked.

It is the same here. The Talent Agency is believed to have expertise and so when they send someone, that person is considered first.

5 0
3 years ago
In 2010, the MoreForLess Company had revenues of $2,000,000 while costs were $1,500,000. In 2011, MoreForLess will be introducin
Harlamova29_29 [7]

Answer:

Differential profit Profit = $40,000

Explanation:

<em>The differential operating profit is the difference between the operating profit before the introduction of the product and after the introduction of the new product</em>

<em>Profit = Revenue - costs</em>

Profit before the introduction of the new product

= 2,000,000 - 1,500,000 = 500,000

Profit after the introduction of the new product

New revenue =  (2,000,000 + 200,000) = 2,200,000

Cumulative cost = 1,500,000 + 160,000 =  1,660,000

Profit = 2,200,000 - 1,660,000 = 540000

Differential profit Profit =  540,000 - 500,000= $40,000

4 0
3 years ago
You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the o
Fed [463]

Answer: Option (B) is correct.

Explanation:

Given that,

Cost of new economics textbook = $100

Cost of new CD player = $100

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.

4 0
3 years ago
Rocky industries received its telephone bill in the amount of $300 and immediately paid it. rocky's journal entry to record this
loris [4]
Hi there

The journal entry would be

debit to telephone expense for $300
Credit to cash for $300

Good luck!
8 0
3 years ago
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