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denis-greek [22]
3 years ago
10

Scientific managment principals are out dated today business managment. comment on​

Business
1 answer:
Andreas93 [3]3 years ago
6 0

<u>Explanation:</u>

Scientific management concentrates on improving the productivity. In scientific management each activity done by the employees was timed and unnecessary movements are removed to simplify the process and create efficiency. In this scientific management the employees are less satisfied and not motivated which affects their performance.

This model does not encourage creativity and the work has to be done in the same way to achieve efficiency. In today's modern business management creativity is considered to be most important in any job and employees are encouraged to think out of box and perform smart work.

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Cole has a cold. Although the brand-name drug is more expensive than the generic, he buys the brand-name one. Cole is familiar w
Semmy [17]

Answer:

<u>less risk</u>

Explanation:

Note: <u>The question appears to be incomplete. Another similar question has been attached for reference purpose and the answer provided herein is based upon that</u>.

It is common consumer behavior of sticking to a brand name despite another lower cost option providing the same base or constituent. Particularly in case of necessities, the law of demand i.e lower price higher demand fails as consumer would prefer being exposed to lesser risk no matter whatever be the cost.

In the given case, the consumer i.e Cole prefers going with a brand name as it provides him with a higher degree of assurance as the brand has a certain reputation attached to it which the other generic option lacks.

Secondly owing to his familiarity with the drug and it's past usage experience, he has developed brand loyalty apparently.

Thus, Cole's decision is attributable to <u>less risk.</u>

4 0
4 years ago
Taylor company has current sales of 1,000 units, at a selling price of $190 per unit, variable costs per unit of $76 and fixed e
yaroslaw [1]
Let us calculate net profit on each unit; after the changes, we have that the company sells 1300 units and eah unit has a profit margin of 175-100=75$.We also have that the fixed costs are in total 96000-20000=76000$. Consider the profit function P(x) that depends on the number x of units sold. P(x)=75*x-76000. Substituting x=1300, we have that P(x)= 97500-76000=21.500$. This is the Net operating Income after the changes.
4 0
4 years ago
The price of tents, a complement to sleeping bags, increases. how will this affect the market for sleeping bags?
Lelu [443]

If the price of tents should increase then it would cause the demand for sleeping bags to reduce.

<h3>What is a complementary good?</h3>

This is the term that is used to refer to the goods that are bought and used alongside another good. What this means is that both goods are used together.

Hence when the price of one complement good rises, it would cause the demand of that good to reduce and also reduce the market for that good.

Read more on complement goods here: brainly.com/question/1338465

#SPJ1

4 0
2 years ago
7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be
kramer
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
8 0
3 years ago
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable
Soloha48 [4]

Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks

Explanation:

There are some reviews with regards to FINRA suitability determinations whihc include:

• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.

Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.

5 0
3 years ago
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