Theory X managers assume ______.

a. People are motivated solely by extrinsic rewards.
b. People are motivated by both extrinsic and intrinsic rewards.
c. People do not need careful direct supervision.
d. People are motivated by emotion.


a. People are motivated solely by extrinsic rewards.

Business

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Richard wants to purchase Maria's farm. Maria leads Richard to believe that Simon is her agent, even though he is not. Which of the following statements is true of this scenario?

A) Simon cannot represent Maria as she has not authorized him to be her agent. B) Agency through ratification grants Richard the authority to buy Maria's farm. C) Maria is estopped from denying that Simon is her agent. D) Simon can act on behalf of Maria only if she suffers from an illness that renders her mentally incompetent to take any decisions.

Business

A home improvement firm has quoted a price of $9,800 to fix up Eric's backyard. Five years ago, Eric put $7,500 into a home improvement account that has earned an average of 5.25% per year

Does Eric have enough money in his account to pay for the backyard fix-up? A) Yes; Eric now has exactly $9,800 in his home improvement account. B) No; Eric has only $9,687 in his home improvement account. C) Yes; Eric now has $10,519 in his home improvement account. D) There is not enough information to answer this question.

Business

Credit selection involves application of techniques for determining which customers should receive credit

Indicate whether the statement is true or false

Business

Which of the following day count conventions applies to a US Treasury bond?

A. Actual/360 B. Actual/Actual (in period) C. 30/360 D. Actual/365

Business