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3 years ago

State and briefly axplain five contribution of scientific management to modern management practices

Business

1 answer:

butalik [34]3 years ago

4 0

Answer:

One of the greatest contributions of scientific management in today's organization is increasing the productivity. Scientific management focuses on the activities performed by the workers in an organization. The importance of this was that scientific management makes the workers or employees efficient

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The board of a U.S. corporation usually includes A. outside directors. B. nonminusexecutive employees of the corporation. C. exe

Simora [160]

Answer:

Option A. Outside directors

Explanation:

Many firms adopted a two-tier hierarchy of the corporate keeping in view the corporation of the shareholders for their interest.

The first tier included the board of directors which is elected by the stock holders and the second tier includes the upper management which in turn are hired by the board.

The board of directors is further bifurcated into two types of representatives out of which the first type is inside directors which the company selects from within like CEO of the company. The other type is the OUTSIDE DIRECTORS which are selected from outside the company and are not dependent on the company.

3 0

3 years ago

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

Alex17521 [72]

Answer:

Real

Explanation:

So, lets go over the basics of the differnt types of intrest rates.

There is nomial and real.

Nomial is the basic rate, which you can just think of as this:

For every 1% of a nomial rate that is 100 dollars, you get 1 dollar.

Real intrest rate is more complex, for it must factor in the inflation to this as well. This can be though of like this:

For every 5% of a real rate that is 100 dollars, if there is a 4% inflation, then you get 1 dollar.

Looking at your two answers, we can instantly say that:

When measuring the return on an investment, the <u>real intrest rate</u> accounts for inflation.

Now, the other question is basically the opposite, asking when measuring the return on an investment the ___ intrest rate does not account for inflation.

Well, we already have seen above that the nomial intrest rate is for more simple, and does not include the inflation.

So the answer to the second box is:

when measuring the return on an investment the <u>nomial intrest rate</u> does not account for inflation.

6 0

3 years ago

An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty

erica [24]

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

4 0

4 years ago

What is the answer in effects in accounting equation?

Ann [662]

Answer:

No effect

Explanation:

The journal entry to record this give transaction is shown below:

Furniture Dr RM13,000

To Bank RM 13,000

(Being the furniture purchased by cheque is recorded)

For recording this we debited the furniture as it increased the asset and credited the bank as it decreased the assets

Therefore there is no effect in the accounting equation as the increase and decreased in done in asset side only

5 0

4 years ago

An individual shareholder owns 3,000 shares of Baxter Corporation common stock with a basis of $10 per share. She receives a non

Andreyy89

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

Given:

Total number of shares = 3,000

Stock dividend rate = 5%

Total Amount of shares = 3,000 x $10

= 30,000

Number of stock Dividend = 30,00 x 5%

= 150

Total Number of stock after stock dividend = 3,000 + 150

= 3,150

Per share of common stock after stock dividend = Total stock dividend amount / Number of stock after stock dividend

= 30,000 / 3,150

= 9.523

9.52 (approx)

4 0

4 years ago

State and briefly axplain five contribution of scientific management to modern management practices​

State and briefly axplain five contribution of scientific management to modern management practices