It was more than a century ago that an engineer named Frederick Taylor walked into factories and starting timing workers with a stop watch. He dissected their movements, and organized them more efficiently. He turned factory production into a science. Suppose workers were paid a wage based on how much they produced. How does this firm organize production?
A) Through the command system
B) Through a mixed command and incentive system
C) Through the incentive system
D) Through the market system
Correct Answer:
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