JD says one difficulty principle-based theories face is figuring out what rights people have. Part of that challenge is to avoid the extremes of ____ and ____.
a. hedonism/ utilitarianism
b. religion/ atheism
c. utilitarianism/ self-centered individualism
d. a free market economy/ a socialist economy
e. pleasure/ pain
Answer: c. utilitarianism/ self-centered individualism
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How can firms counter the weaknesses of the functional structure?
A) By eliminating the number of functional boundaries. B) By allowing employees to become focused only on departmental goals. C) By using cross-functional teams to coordinate efforts across functional boundaries. D) By limiting the coordination and control between geographically dispersed areas. E) By decentralizing decision making by top management.
If the initial cash budget indicates a cash deficiency, the company must go out of business
Indicate whether the statement is true or false