Consider the following statements:

1. Much of current knowledge of selection techniques, employee training and work design is built on the work of Hugo Munsterberg.
2. Hugo Munsterberg combined scientific management and industrial psychology in his work. Which of the statement given above is/are correct?

Both statements are correct. Hugo Munsterberg, a pioneer of industrial psychology, contributed foundational work on selection techniques, employee training, and work design (1). He indeed combined the principles of scientific management (efficiency focus) with industrial psychology (human focus) in his seminal work 'Psychology and Industrial Efficiency' (2).