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Question 12 out of 2 pointsWhat term describes the assumption that people are naturally lazy, must be threatened and forced to work, have little ambition or initiative, and do not try to fulfill any need higher than security needs at work?Selected Answer:Theory XCorrect Answer:Theory XQuestion 22 out of 2 pointsMass-production techniques of standardized productsSelected Answer:lowered production costs, which led to lower prices and expanded markets.Correct Answer:lowered production costs, which led to lower prices and expanded markets.Question 32 out of 2 pointsThe basic tenets of capitalism were set forth in a well-known book, The Wealth of Nations, written bySelected Answer:Adam SmithCorrect Answer:Adam SmithQuestion 42 out of 2 pointsA graphical method of charting work according to the amount of time required is aSelected Answer:Gantt chart.
Correct Answer:Gantt chart.Question 52 out of 2 pointsWhich of the following characteristics relates to the quantitative approach?Selected Answer:A viewpoint of management that emphasizes the application of mathematical models, statistics, and structured information systems to support rational management decision makingCorrect Answer:A viewpoint of management that emphasizes the application of mathematical models, statistics, and structured information systems to support rational management decision makingQuestion 62 out of 2 pointsYou produce a glittering crystal substance, Dementia, which looks just like a diamond, but is much cheaper. It soon takes over 70 percent of the diamond market. Dementia is aSelected Answer:substitute goodCorrect Answer:substitute goodQuestion 70 out of 2 points'Anything measured improves' is an interpretation of the effects found in the Hawthorne studySelected Answer:FalseCorrect Answer:TrueQuestion 82 out of 2 pointsWhat term describes activities--including reporting, preparing data analyses, briefings, delivering mail, emailing, websites, and making telephone calls--that focus on data important for the decisions the manager needs to make?Selected Answer:Informational roles
Correct Answer:Informational rolesQuestion 92 out of 2 pointsCompetitors are the least powerful force in a firm’s operations.Selected Answer:FalseCorrect Answer:FalseQuestion 102 out of 2 pointsWhat name is given to a theory within the classical approach that focuses on the improvement of operational efficiencies through the systematic and scientific study of work methods, tools, and performance standards?Selected Answer:Scientific managementCorrect Answer:Scientific managementQuestion 112 out of 2 pointsSince upper managers have to make decisions about the overall direction and performance ofthe organization, they spend most of their time planning and organizing.