[amp_mcq option1=”Harold Koontz” option2=”Taylor” option3=”Louis Allan” option4=”Hendry Fayol” correct=”option2″]<\/p>\n
The correct answer is B. Taylor.<\/p>\n
Frederick Winslow Taylor (1856-1915) was an American mechanical engineer and management consultant who is often called the “father of scientific management”. He is best known for his work on the development of time and motion studies. Taylor’s work had a profound impact on the development of modern management practices.<\/p>\n
The piece rate system is a type of incentive pay system in which workers are paid a fixed amount for each unit of output they produce. This system is designed to motivate workers to produce more by giving them a financial incentive to do so.<\/p>\n
Taylor was a strong advocate of the piece rate system. He believed that it was the fairest and most efficient way to pay workers. He also believed that it would lead to increased productivity and profits.<\/p>\n
Taylor’s work on the piece rate system was controversial at the time. Some people argued that it was unfair to pay workers based on their output, rather than on their time spent working. Others argued that it led to workers being exploited by their employers.<\/p>\n
Despite the controversy, Taylor’s work on the piece rate system had a significant impact on the development of modern management practices. The piece rate system is still used today in many industries.<\/p>\n
The other options are incorrect.<\/p>\n
A. Harold Koontz was an American management theorist. He is best known for his work on the development of the management process.<\/p>\n
C. Louis Allan was a British management consultant. He is best known for his work on the development of the human relations approach to management.<\/p>\n
D. Hendry Fayol was a French mining engineer and management theorist. He is best known for his work on the development of the administrative theory of management.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Harold Koontz” option2=”Taylor” option3=”Louis Allan” option4=”Hendry Fayol” correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[703],"tags":[],"class_list":["post-33959","post","type-post","status-publish","format-standard","hentry","category-business-management","no-featured-image-padding"],"yoast_head":"\n