UCLA Management Professor William Ouchi's Theory Z Embraced Which of the Following

question 11

Multiple Choice

UCLA management professor William Ouchi's Theory Z embraced which of the following management ideals?

• A) Once hired, the employee would be assured of lifetime employment.
• B) Employees would cooperatively solve problems and decisions would always be consensual.
• C) Management would cautiously only concern themselves with an employee's work life.
• D) An employee could be promoted, but both evaluation and promotion would not happen quickly.

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Definitions:

Miller-Orr Model

A financial model used for cash management, it helps in determining the optimal level of cash balance and controls the costs associated with cash balances.

Weekly Cash Flows

The movement of cash in and out of a business on a weekly basis, tracking how money is spent and received.

Opportunity Cost

The expense incurred by not choosing the second-best option while deciding.

Monthly Cash Flows

The total amount of money being transferred into and out of a business, particularly during a month.