Examlex

Solved

________ Is a Classical Management Approach That Attempted to Build

question 80

Multiple Choice

________ is a classical management approach that attempted to build into operations the specific procedures and processes that would ensure coordination of effort to achieve established goals and plans.

Apply economic principles to group dynamics and productivity.
Calculate and interpret average, marginal, and total costs.
Assess cost-benefit scenarios in business operations.
Apply principles of economics to personal financial decisions.

Definitions:

Procedures

Established or official ways of doing something, which involve a series of actions or steps taken in order to achieve a particular end.

Traditional Organization Design

A hierarchal structure in organizations where positions and information flow from top to bottom, characterized by clear departmentalization and authority gradients.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running new businesses or ventures.

Network Design Organization

A structured arrangement of elements including hardware, software, and protocols, aimed at ensuring efficient and secure communication within an organization.

Related Questions