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According to Taylor, what should management share with workers?

AProfits

BLosses

CRisks

DAll the above

Answer:

A. Profits

Read Explanation:

  • Taylor emphasized harmony and believed management should share the gains (profits) with workers.


Related Questions:

Assertion (A): Standardisation and simplification of work help in reducing cost and improving efficiency.
Reason (R): Standardisation sets benchmarks for processes, products, and materials.

Equity as a principle suggests:
Fayol's principle of order says:

According to the Systems Approach, how does feedback function within an organization?

  1. Feedback is a one-way communication channel that only informs the external environment about the organization's performance.
  2. Feedback serves as an information loop connecting outputs back to inputs, enabling necessary adjustments.
  3. Negative feedback is ignored as it does not contribute to organizational improvement.
  4. Customer satisfaction surveys are an example of feedback that helps refine production processes.
    Frederick Winslow Taylor served as the president of which professional organization from 1906 to 1907?