________, a French industrialist, is often regarded as the pioneer of administrative theory.
A. Ivan Pavlov
B. Frederick W. Taylor
C. Abraham Maslow
D. Henri Fayol
Answer: D
You might also like to view...
The most pessimistic time for a task is 9 months. The most optimistic time for the same task is 7 months. What is the variance, in months, for the duration of the activity?
A. 0.01 B. 0.11 C. 1.01 D. 2.31
The expected average rate of return for a proposed investment of $800,000 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $240,000 for the 4 years, is:
A) 30% B) 15% C) 60% D) 7.5%
What is the greatest shortcoming of the percentage-of-sales method of setting the advertising budget?
A. The percentage-of-sales method assumes that a certain level of spending is needed to sell a certain number of units of a product. B. The percentage-of-sales method violates the principle that marketing activities should stimulate sales rather than occur as a result of sales. C. The percentage-of-sales method is too expensive to be used by small business owners. D. The percentage-of-sales method assumes the marketplace will be dynamic. E. The percentage-of-sales method encourages top management to think of growth in terms of percentages.
With regard to the CVP graph, which of the following statements is not correct?
A. The CVP graph assumes that fixed costs are constant in total within the relevant range. B. The CVP graph assumes that variable costs go down as volume goes up. C. The CVP graph assumes that selling prices do not change. D. The CVP graph assumes that volume is the only factor affecting total cost.