One drawback of the bureaucratic approach to management is that
A. this approach emphasizes only money as a worker incentive.
B. this approach ensures that all employees perform their best with excessive rules and regulations.
C. production tasks are reduced to machine-like movements that lead to boredom.
D. this approach may not help managers deal with competitors and government regulations.
E. this approach does not accommodate rapid decision making and flexibility.
Answer: E
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When an exchange of similar assets involves a gain,
a. the recorded amount of the new asset is the cost of the old asset plus any cash paid. b. the recorded amount of the new asset is the net book value of the old asset plus any cash paid. c. the recorded amount of the new asset is its fair market value less any cash paid. d. None of these are true.
Which of the following is a true statement?
a. Predictive value refers to usefulness of inputs for predictions rather than being an actual prediction itself. b. Timeliness complements rather than conflicts with the other aspects of relevance because information is more complete and accurate if it is timely. c. The conceptual framework stressed predictive value rather than the importance of decision-making by outside users. d. Timeliness and predictive value are the two main aspects of relevance.
The U.S. Office of Special Counsel that publishes guides to the Hatch Act, has divided federal employees in two groups. List them and explain how they differ.
What will be an ideal response?
Based on Reilly's law, a city with a population of 40,000 would draw people from how many times the distance as a city with 10,000 population?
a. 1.5 times b. 2 times c. 3 times d. 4 times