Based on Taylor's four principles for scientific management, what data should managers gather and put to use about behavior and performance at work so they can increase efficiency in the workplace?

What will be an ideal response?


Taylor recommends in Principle 1 that managers study the way workers perform their tasks. Managers can use time-and-motion study, which involves careful timing and recording of the actions taken to perform a particular task. Managers should also gather all the informal job knowledge that workers possess, and they should record data when they experiment with ways of improving how tasks are performed. In Principle 2, Taylor recommends documenting the new methods of performing tasks into written rules and standard operating procedures. Managers will need to gather data to create the SOPs. In Principle 3, Taylor recommends carefully selecting workers who possess skills and abilities that match the needs of the task and training them to perform the task according to the established rules and procedures. Managers should keep notes about workers' skills and abilities. In Principle 4, Taylor recommends that managers establish a fair or acceptable level of performance for a task, so managers need to gather data to measure levels of performance.

Business

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Fill in the blank(s) with correct word

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An auditor wishes to perform tests of controls on an entity's cash disbursements procedures. If the control activities leave no audit trail of documentary evidence, the auditor most likely will test the procedures by:

A. confirmation and observation. B. inquiry and analytical procedures. C. observation and inquiry. D. analytical procedures and confirmation.

Business

Bonds pay coupon interest in the form of additional bonds instead of cash

a. Deferred coupon b. Payment-in-kind c. Zero-coupon d. In lieu

Business

Fixed-fee method of compensation is also called

A. incentive-based compensation. B. value-based compensation. C. objective-and-task method. D. straight-fee method. E. cost-plus fee method.

Business