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Helen [10]
3 years ago
8

What are the profound and philosophical goals and benefits of a modern industrial society, according to Frederick Winslow Taylor

, and how can they be achieved?
Business
1 answer:
netineya [11]3 years ago
5 0

Explanation:

The greatest objective and benefit of a modern industrial society according to Taylor was the transformation of management into a science, which should maintain the standardization of administrative processes in order to reduce production time and maintain the quality of work.

He developed the rational organization of work, a tool for researching human labor conditions, such as division of labor, specialization, standardization, supervision, salary incentives, etc., whose aim was to analyze how such factors influence productivity and the quality with which a worker perceives and performs his work.

The benefits of Taylor's management model were reduced working hours, perceived employee appreciation, reduced costs, improved organizational environment, etc.

You might be interested in
EBook
attashe74 [19]

Answer:

                            McDade Company

                  Comparative Income Statement

       For the Years Ended December 31, 2012 and 2011

                                       2012              2011              Change          %

Sales                      $16,800,000   $15,000,000      $1,800,000      12%

COGS                   ($11,500,000)  ($10,000,000)     $1,500,000      15%

Gross profit             $5,300,000     $5,000,000        $300,000       6%

Selling expenses    ($1,770,000)    ($1,500,000)        $270,000      18%

Adm. expenses      ($1,220,000)    ($1,000,000)        $220,000     22%

Operating exp.     ($2,990,000)   ($2,500,000)        $490,000   19.6%

Operating income   $2,310,000     $2,500,000        ($190,000)    -7.6%

Other revenue           $256,950         $225,000            $31,950    14.2%

EBT                          $2,566,950     $2,725,000        ($158,050)   -5.8%

Income taxes           ($1,413,000)    ($1,500,000)        ($87,000)   -5.8%

Net income                $1,153,950      $1,225,000        ($71,050)   -5.8%

6 0
3 years ago
Under the Securities Act of 1933, if damages were incurred and there was a material misstatement or omission in the financial st
dedylja [7]

Answer:

The CPA rebuts the allegations

Explanation:

The Securities Act of 1933 requires that investors receive financial and other significant information regarding any and all securities being sold publicly and prohibits deceit, misrepresentations, and other fraud in the sale of securities. Therefore, since there was material misstatement or omission in the financial statements, the only chance the CPA has is if they rebut the allegations. Meaning that they provide actual evidence, such as physical statements or witnesses that contradict or nullify the evidence that is being presented against them regarding the material misstatement or omission

3 0
3 years ago
Grouping pieces of information together to expand the effective capacity of short-term memory is termed _________.
Goryan [66]

Answer:

The correct answer is Chunking

Explanation:

3 0
3 years ago
The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi
ch4aika [34]

Answer:

Service Revenue 50,000 debit

    Income summary  50,000 credit

--to close revenues accounts--

Income summary        34,000 debit

  Salaries and Wages Expense 27,000 credit

  Supplies Expense                      7,000 credit

--to close expenses accounts--

Income summary        2,000 debit

  Dividends                          2,000 credit

--to close dividends account--

Income summary       14,000 debit

  Retained Earnings          14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

  Income summary

DEBIT           CREDIT

                    50,000

34,000

<u>  2,000                          </u>

       Balance 14,000

7 0
3 years ago
Chess Top uses the perpetual inventory system. On May 1st, the beginning inventory consisted of 480 units that cost $65 each. Du
Lyrx [107]

Answer:

the amount of the cost of goods sold is $55,120

Explanation:

The computation of the cost of goods sold for the month is shown below:

Since 800 units were sold out of which 360 units would sold at $70 and the remaining units i.e. 440 units would be sold at $68

= 360 units × $70 + 440 units × $68

= $25,200 + $29,920

= $55,120

Hence, the amount of the cost of goods sold is $55,120

5 0
3 years ago
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