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3 years ago

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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A home buyer can afford to spend no more than $1500/month on mortgage payments. Suppose that the interest rate is 6%, that inter

krok68 [10]

Answer:

20 years mortgage:

maximum loan $ 209, 371.16

interest paid $ 150,628.84

30 years mortage

maximum loan $ 250,187.4216

interest paid $ 289,812.58

Explanation:

20 years mortgage:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 240 (20 years x 12 months)

rate 0.005 ( 6% annual / 12 months per year)

$1500 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\$

PV $209,371.1575

Quota x number of cuotas - principal = total interest

1,500 x 240 - 209,371.16 = 150628.84

30 years mortgage

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 360

rate 0.005

$1500 \times \frac{1-(1+0.005)^{-360} }{0.005} = PV\\$

PV $250,187.4216

Quota x number of cuotas - principal = total interest

1,500 x 360 - 250,187.42 = 289,812.58

8 0

3 years ago

Which statement(s) is (are) TRUE? I. Technological knowledge refers to the physical capital that is used to make goods and servi

uranmaximum [27]

Answer:

Option 2 is only correct.

Explanation:

The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.

The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.

3 0

3 years ago

those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.

netineya [11]

Answer:true

Explanation:

4 0

1 year ago

Which of the following is a risk of investing in a privately held company, instead of a publicly held company?

kolezko [41]

Private companies are not controlled b y the government and therefore there is a risk of shutting down as well, but Public companies are government owned companies

5 0

3 years ago

Read 2 more answers

Suppose Garnett and Kennedy own a downtown apartment in tenancy by the entirety. If Garnett dies, what type of ownership does Ke

Bezzdna [24]

Answer:

Sole ownership

Explanation:

Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.

Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP

4 0

3 years ago

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

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