In the context of Frederick Taylor's theory of scientific management, discuss time-and-motion studies and the differential piece-rate system.
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To implement the scientific management approach, Frederick Taylor used techniques such as time-and-motion studies. With this technique, a task was divided into its basic movements, and different motions were timed to determine the most efficient way to complete the task. A key element of Taylor's approach was the use of the differential piece-rate system. Taylor assumed workers were motivated by receiving money. Therefore, he implemented a pay system in which workers were paid additional wages when they exceeded a standard level of output for each job. Taylor concluded that both workers and management would benefit from such an approach.
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The U.S. courts will use ________ scrutiny when a government activity regulates a person based on a suspect class
Fill in the blanks with correct word
Explain what the General Agreement on Tariffs and Trade (GATT) is and give pro and con arguments concerning this agreement.
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At the end of "The Lorax" movie, the Once-Ler realized:
a. That "biggering" and "biggering" was the best long term way of maximizing all of his stakeholders' benefits, including his stockholders, his employees, his customers, and the community b. That in the end, Emerson was right to "bind the strengths of Nature wild to the conscience of a child." c. That the rule of "impera parendo" seemed to apply to him as well d. A and B e. B and C
Trevoline Company is deciding between two projects. Each project requires an initial investment of $350,000. The projected net cash flows for the two projects are listed below. The revenue is to be received at the end of each year. Trevoline requires a 10% return on its investments. The present value of an annuity of 1 and present value of an annuity factors for 10% are presented below. Use net present value to determine which project should be pursued and explain why.?Project AProject BPresent ValuePresent Value of anPeriodsCash FlowsCash Flowsof 1 at 10%Annuity of 1 at 10%1$50,000$160,0000.90910.90912$200,000$175,0000.82641.73553$250,000$175,0000.75132.4869
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