What Might Today's Managers Learn from Studying the Management History

question 69

Multiple Choice

What might today's managers learn from studying the management history of the 1930s?

• A)You can get more and better work from people through negative,rather than positive reinforcement.
• B)It's a good idea to hire criminals and ex- prizefighters if you want to keep your plant union- free.
• C)Enlightened management practice is all very well in good times,but a luxury you can afford to dispense with when times get tough.
• D)You can get away with anything,indefinitely,if people are desperate enough for a job.
• E)Reversion to coercive drive management is likely to result in increased conflict and more frequent unionization drives.

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Definitions:

Pre-Tax Cost

The expense associated with purchasing or investing before any taxes are applied.

Yield To Maturity

The total return anticipated on a bond if it is held until the date of maturity, accounting for both interest payments and the principal repayment.

Debt

An amount of money borrowed by one party from another, under the condition it is to be paid back usually with interest.

WACC

The Weighted Average Cost of Capital represents the average cost of capital for a company, where each type of capital is weighted according to its proportion in the overall capital structure.