Frederick Taylor, known as the father of scientific management, would have considered open-book management to be a very effective managerial tool.
Answer the following statement true (T) or false (F)
False
Open-book management is the practice of sharing with employees at all levels of the organization vital information previously meant for management's eyes only. Frederick Taylor, who became the father of scientific management early in the twentieth century, would have considered opening the books to all employees "idiotic."
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Kevin is a salesperson working for a company that manufactures gardening tools. He is involved in door-to-door sales and travels every day to call on customers. In his company, Kevin is most likely a part of the ________
A) top management B) inside sales force C) product designing team D) customer support team E) outside sales force
Which of the following is/are true regarding stock splits?
a. The corporation issues additional shares of stock to shareholders in proportion to their existing holdings. b. The firm receives no additional assets. c. Firms may execute a stock split by reducing the par value of the common stock in proportion to the new number of shares issued. d. Firms may execute a stock split by not making any change in par value but by issuing additional shares of the same par value. e. all of the above
What is it called when someone cannot retaliate against the person who provoked them, instead they take their frustrations out on other people like subordinates, family members, and so on?
A. low self-monitoring B. frustration C. displaced aggression D. direct provocation
Which component of structure is characterized by “an organization that describes all activities in writing?”
a. Specialization b. Formalization c. Standardization d. Centralization