What was the aim of the human relations approach to management?
A. emphasizing economical operations, adequate staffing, maintenance of inventories to meet consumer
demand, and organizational control
B. applying scientific methods to analyze work and to determine how to complete production tasks efficiently
C. eliminating the variability that results when managers in the same organization have different skills,
experiences, and goals
D. emphasizing the perspective of senior managers within the organization
E. understanding how psychological and social processes interact with the work situation to influence performance
Ans: E. understanding how psychological and social processes interact with the work situation to influence performance
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A risk averse attitude is associated with ________
A) high uncertainty avoidance B) high femininity C) high power distance D) high individualism E) high collectivism
The capital that a corporation raises through the sale of shares that entitle the shareholders to certain rights of ownership is known as ________
A) stock B) currency C) dividend D) interest