Podcast
Questions and Answers
What is the primary object of management according to the text?
What is the primary object of management according to the text?
The primary object of management is to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee.
What is the focus of the management theory mentioned in the text?
What is the focus of the management theory mentioned in the text?
The management theory focuses on analyzing work flows to improve economic efficiency, especially labor productivity.
What are the primary goals of using the mentioned management theory in the workplace?
What are the primary goals of using the mentioned management theory in the workplace?
The primary goals are to improve productivity and maximize profit by observing the workplace, testing different methods of completing tasks, and analyzing the effect of the changes.
