Why was Frederick Taylor's principle of the piecerate system beneficial to workers and managers?
A. The piece-rate system exemplified the Hawthorne effect.
B. The piece-rate system incentivized workers to accomplish more, as well as earn more money for themselves.
C. The piece-rate system increased the number of motions necessary to accomplish tasks.
D. The piece-rate system paid workers equally, despite differences in productivity.
E. The piece-rate system highlighted the contingency perspective.
Answer: B
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Albert, Billy, and Cathy share profits and losses of their partnership in a 1:6:3, ratio respectively. If the net income is $60,000, calculate Billy's share of the profits. (Do not round any intermediate calculations.)
A) $12,000 B) $18,000 C) $36,000 D) $6000
I have observed my leader interacting with all of us followers by sharing funny stories and getting us to share what we are doing both in and outside of work, and the work atmosphere is usually quite fun and energetic. I am a little concerned that we are not meeting our sales goals and that the chief financial officer (CFO) is coming in later this week to address our poor performance. Using the main components of the behavioral leadership approach, describe what style your leader is using and what style she may use after the CFO meeting.
What will be an ideal response?
If an employee has a difficult personality, it is the leader’s job to ______.
A. ignore the employee’s negative behaviors until they go away B. deal aggressively with problem employees C. be prepared to effectively disarm volatile situations D. warn other employees about the difficult person
Which of the following statements is incorrect?
A. A predetermined overhead rate is calculated using actual cost and volume data. B. A predetermined overhead rate is calculated by dividing costs by volume, using a measure of volume such as direct labor hours or direct materials cost. C. A company may need to allocate overhead costs to products to make pricing decisions for the products. D. A predetermined overhead rate may be used to allocate overhead costs when volume varies during the year.