According to Taylor, what should management share with workers?
AProfits
BLosses
CRisks
DAll the above
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Related Questions:
Consider the following statements: Which is/are correct?
- There should be balance between authority and responsibility for managers.
- Authority is only formal in organisation.
- Abuse of authority must be prevented by proper safeguards.
Which of the following statements about Quality Management are incorrect?
- Quality Management is synonymous with Total Quality Management (TQM).
- Quality Planning focuses on identifying and rectifying defects in the final product.
- Quality Management is a limited concept, focusing only on the final product's quality.
- Quality Assurance aims to prevent defects by enhancing the quality system.
Consider the following statements: Which is/are correct?
- Unity of command means each subordinate should report to only one superior.
- Unity of direction means every group with same objectives must have one head and plan.
- Unity of direction affects individual employees, while unity of command affects the organisation as a whole.
Assertion (A): Taylor emphasized that management and workers should undergo a mental revolution to achieve complete harmony.
Reason (R): A harmonious relationship ensures prosperity for both employers and employees.
Assertion (A): Fatigue study aims to determine the number and frequency of rest intervals for workers.
Reason (R): Providing adequate rest intervals enables workers to maintain optimum energy levels and contribute effectively.