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1. What are the arguments for and against the application of the methods of scientific management?
Answer: The main argument against scientific management is that in de-skilling craft work it has lowered the quality of working life of the labour force, and exposed it to exploitation by unscrupulous managements. The argument for it, is that the deskilling is the price that has been paid for the astonishing increase in living standards, health, education and leisure, enjoyed in the developed economies; in his Principles, Taylor argued strongly that his methods could only be properly applied if the resulting productivity gains were shared fairly between workers and owners.
Lowest Cost Entry method s( LCEM) or Matrix Minima Method: Step1: Determine the smallest cost in the cost matrix of the transportation table. Let it be ( C ij ). Allocate
You have been named human resource manager for a company that has 180 employees and no formal base pay system. What steps will you take to develope such a coordinated system?
Question 1 Shortage costs are precise and easy to measure. Question 2 Savings from reduced inventory results in increased profit. Question 3 Using the probability approach we
30 year mortgage at 10 percent interest rate. Loan amount $300000. 1. What is the amortization schedule for the 1st year (12moonths) 2. What is the remaining balance of the 29years
What are the main reasons businesses don't conserve natural resources or safe guard the environment?
what is aggregate planning
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation and predict the profitability of a new sit
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An organization's culture can be a debilitating impediment to the development and implementation of its strategic plan. Discuss the role of culture along with specific strategies
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