Question

Frederick Taylor is most famous for:

Question 18 options:

	Standardization of work
	Time studies
	Productivity reports
	Motion studies

Question 19 (5 points)

The company that relies on computer and telecommunications technologies instead of physical presence for communication between employees is a:

Question 19 options:

	Learning organization
	Social organization
	Service organization
	Virtual organization

Question 20 (5 points)

Strategy is the concept of how an organization will achieve its objectives; therefore strategic management is

Question 20 options:

	knowledge that helps in the development and implementation of strategies.
	the social source of influence that is used to inspire action taken by others
	the process that helps the organization in the development of strategies
	the purpose of developing strategies in an organization

Answer 1

(Q 18.) Answer : Time Studies

Rationale: Frederick Winslow Taylor is the most famous for creating stopwatch time study which was later combined with the motion study of Frank Gilberth and became a field of time and motiion studies.

(Q 19.) Answer : Virtual organization

Rationale : Virtual organizations are the type of organizations that rely on telecommunication technologies and computers. Web meetings, IRC (Internet Relay Chart), wikis, email etc are used in a virtual organization.

Where as,

Learning organization is an organization that continuously strives to transform itself by facilitating learning of its employees and members.

Social organization is an organization with interactions that defines the relationship among individuals and between social groups and individuals.

Service Organization is an organization which is mostly into charitable work.

(Q 20.) Answer : Knowledge that helps in the development and implementation of strategies.

Rationale: Strategic management is a method of formulating and implementating the necessary goals, strategies and initiatives taken by the company.

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