The Classical Approaches to Management, as a Whole, Are Criticized

question 32

Multiple Choice

The classical approaches to management, as a whole, are criticized because

• A) the relationship between an organization and its external environment is ignored.
• B) most managers are not trained to use these techniques.
• C) many aspects of a management decision cannot be expressed through mathematical symbols and formulas.
• D) many of the decisions managers face are nonroutine and unpredictable.
• E) there is only "one best way" to manage and organize because circumstances vary.

Understand the considerations for identifying operating segments based on internal reporting structures.

Identify which operating segments are reportable under various tests such as the asset test, revenue test, and profit or loss test.

Understand the requirements for disclosing information about each operating segment.

Apply U.S. GAAP criteria to determine the reportability of operating segments.

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Definitions:

Literature Review

A comprehensive summary and evaluation of previously published scholarly articles, books, and other sources on a specific topic.

Set of Questions

A collection of inquiries designed to gather information or opinions from individuals.

Unstructured Interviews

A qualitative research method involving open-ended conversations to gather in-depth insights.

Guidelines

A set of recommended practices, principles, or rules designed to inform decision-making and behavior in specific contexts or activities.