When forming the strategy of the major units within an organization, managers should ________

A) not focus on the human factor
B) be innovative and entrepreneurial
C) assume that conditions will remain stable
D) focus only on existing opportunities

Answer: B

Business

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Which approach was the first to emphasize informal work relationships and worker satisfaction and emerged from a scientific management study that resulted in the discovery of the Hawthorne effect?

A. human relations B. Hawthorne Studies C. bureaucracy D. administrative management E. scientific management

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For many industries, accounts receivable comprise as much as 25 percent of total assets

Indicate whether the statement is true or false

Business