Bureaucracy can be defined as a classical management approach that
A. attempts to build into operations the specific procedures and processes that would ensure coordination of effort to achieve established goals and plans.
B. emphasizes a structured, formal network of relationships among specialized positions in the organization.
C. applies scientific methods to analyze and determines the "one best way" to complete production tasks.
D. emphasizes the application of quantitative analysis to managerial decisions and problems.
E. attempts to understand and explain how human psychological and social processes interact with the formal aspects of the work situation to influence performance.
Answer: B
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Which of the following correctly describes U.S. GAAP accounting for convertible bonds and the implication of that requirement?
A. Separation of debt and equity components; interest expense is understated. B. No separation of debt and equity components; interest expense is overstated. C. No separation of debt and equity components; interest expense is understated. D. Separation of debt and equity components; interest expense is overstated.
Unit costs are determined by dividing the total costs of the period by the equivalent units
Indicate whether the statement is true or false
Briana, an employee of Cotillion Bank, is charged with embezzlement, which requires
a. fraudulently appropriating another's property. b. obtaining lawful possession of property. c. physically taking property from its owner. d. the use of force or fear.
Howard Rheingold, one of The Well's early participants, coined the term ________ to refer to "cultural aggregations that emerge when enough people bump into each other often enough in cyberspace."
A. social networks B. virtual communities C. community portals D. social forums