What is contingency theory and what assumptions do contingency theorists make about organizational design?
What will be an ideal response?
An acceptable answer recognizes that there is no one best way of organizing. A good answer knows that contingency theory emerged from Burns & Stalker and Woodward, and was developed by the Aston School. A superior answer can relate the methods used to generate the concept of organization structure to those that were used to develop personality structure and will recognize that the contingencies relevant in the past may not apply in the future.
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An individual filing for Chapter 7 may always keep his or her car.
Answer the following statement true (T) or false (F)
Can activity-based costing (ABC) be used by service companies? If so, is the implementation of an ABC system in a service company different than that of a manufacturing company?
A millionaire investor, who has followed his losing team since a little boy, invests millions of dollars in his team even though the team still finishes last. This is an example of Max Weber’s ___________.
a. Formal rationality b. Blind rationality c. Substantive rationality d. Optimism
Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally promised. They can best accomplish this by
a. a mutual agreement to rescind. b. an accord and satisfaction. c. a novation. d. an alteration of the original contract.