Answer the following statements true (T) or false (F)
1. Peter Drucker was the author of The Practice of Management and has been described as the creator and inventor of modern management.
2. Part of evidence-based management is understanding the potential danger in conventional wisdom about management.
3. The contemporary perspective of management includes three viewpoints: systems, behavioral, and quantitative.
4. The quantitative viewpoint on management is part of the historical perspective.
1. TRUE
Peter Drucker "was the creator and inventor of modern management," says management guru Tom Peters. In 1954, Drucker published his famous text, The Practice of Management.
2. TRUE
As Stanford business scholars Jeffrey Pfeffer and Robert Sutton put it, evidence-based management is based on the belief that "facing the hard facts about what works and what doesn't, understanding the dangerous half-truths that constitute so much conventional wisdom about management, and rejecting the total nonsense that too often passes for sound advice will help organizations perform better."
3. FALSE
The contemporary perspective of management includes three viewpoints: systems, contingency, and quality-management.
4. TRUE
The historical perspective of management includes three viewpoints: classical, behavioral, and quantitative.
You might also like to view...
Economic exposure is:
a. the exposure to exchange gains and losses resulting from translating U.S.-dollar-denominated financial statement into foreign denominations. b. the exposure to exchange gains and losses resulting from translating foreign-currency-denominated financial statements into U.S. dollars. c. the exposure to cash flow changes resulting from dealings in foreign-denominated transactions and commitments. d. a result of the need to use more foreign currency to settle U.S.-dollar-denominated debt.
You can overcome writer's block by creating a perfect first draft
Indicate whether the statement is true or false
Outdoor Outfitters Store contracts to buy fifty tents from Pitched Camp, Inc Unless the contract states otherwise, it is assumed to be A) none of the choices
B) a destination contract. C) a shipment contract. D) a delivery ex-ship.
Creditors hold judgments on overdue debts against AAA Auto Repair when the debtor receives a discharge in bankruptcy. AAA's discharge will A) extend the time for payment of the overdue debts
B) have no effect on the creditors' judgments. C) require creditors to re-file their collection actions. D) void any creditor's judgment on a discharged debt.