William was a factory worker in the 1920s. His company trained him in the exact sequence of steps he needed to make each day so that he would work to maximum productivity. William's company was using the principles of ________
A) uncertainty management
B) management by objectives
C) Theory Z management
D) scientific management
E) strength-based management
D
Explanation: D) In the early 1900s, companies began to implement the principles of scientific management based on Taylor's experiments and research. He encouraged companies to use scientific study to determine the best methods to complete tasks and then train employees in these methods.
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In standard costing,
A) the standards are developed only for overhead costs. B) the standards are developed primarily from past costs. C) comparisons with actual costs usually are not performed. D) debit and credit entries to inventory accounts are made at standard costs.
According to businesspeople in the United States, which of the following is most likely to be the biggest benefit to stress in a business proposal?
A) Gain in status B) Relationship with people C) Benefit for the society D) Profit E) Gain in power
Zeta Corporation adds materials at the beginning of the process in the Turning department, which is the first of two stages of its production cycle. Information concerning the materials used in the Turning department in May follows: Using the average cost method, what is the materials cost of the work in process at May 31?
a. $4,020 b. $5,360 c. $48,240 d. $4,500
What were the major market niches within telephony applications that the company could address with its technology? How would firms in these niches use SR Corp’s technology? How would SR Corp reach these firms and help them to use the technology? What would the structure of the business relationship look like?
What will be an ideal response?