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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.

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Use the relationship between an initial change in spending and the final change in real GDP to answer these questions about the
arsen [322]

Answer:

Detailed solution is given below:

7 0
3 years ago
Which of the following accurately explain the importance of the ceteris paribus assumption for an economic model? Check all that
ladessa [460]

Answer:

The correct answer is:  It allows economists to isolate or focus attention on selected variables.

Explanation:

The word ceteris paribus means other things being constant. The working of an economy is very complex, each variable is affected by a number of variables. It is difficult to understand all the complex relationships at the same time.

The assumption of ceteris paribus or other factors being constant helps the economists in isolating the variables that they want to study while keeping others constant.

It simplifies the study of economic models and helps to easily grasp the working of the economy.

5 0
3 years ago
On January 1, Year 7, Colorado Corp. purchased a machine having an estimated useful life of 8 years and no salvage value. The ma
shepuryov [24]

Answer:

D) $0

Explanation:

The depreciation method changed, but the previous depreciation expense has already been recorded and subject to taxes. Therefore the new straight line depreciation should start with the remaining asset value and calculate the depreciation expense for the remaining 6 years:

For example, if the purchase value was $1,200,000 (= $300,000 x 4), the remaining value would be $675,000 then the depreciation expense will be $112,500 per year during the next 6 years starting on year 9.

5 0
3 years ago
Alain Mire files a single tax return and has adjusted gross income of $314,000. His net investment income is $43,000. What is th
ratelena [41]

Answer:

$1,634

Explanation:

The computation of the additional tax to be paid is shown below:

Additional tax is

= Tax rate × net investment income

= 0.038  × $43,000

= $1,634

We simply multiplied the tax rate with the net investment income in order to determine the additional tax

4 0
3 years ago
Exceptionally large harvests of wheat or corn often result in farmers having lower total incomes for that season despite the inc
DedPeter [7]

Answer:

A. The demand of wheat and corn is basically inelastic and so increases in output drastically reduce price and income to the farmers.

Explanation:

Inelastic demand means the change in price does not affect the purchasers' buying power. The difference in price has relatively little effect on the quantity demanded.  Since the demand for wheat is inelastic, price and income will reduce irrespective of increasing production. Therefore, harvesting massive production (wheat or corn) does not bring a high income.

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4 years ago
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