Explain how about the quantitative approach

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Q. Explain how might principle of scientific management be useful to springs industries? Explain how about the quantitative approach?

Q. A person who is earning $21,600 salary at the end of year 1 (assume as base year where A$ = R$), expects that her salary will increase at a rate of 8%/year. If her real rate of return is 5% also general inflation rate is 10%, Illustrate what is the present worth of 3 years of salary?

Reference no: EM1378077

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