If a Manager Is Concerned About Doing the Work with the Least

question 86

Multiple Choice

If a manager is concerned about doing the work with the least cost and waste possible,then his or her primary managerial concern is:

• A)efficiency.
• B)effectiveness.
• C)delegation.
• D)hiring.
• E)expertise.

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Definitions:

Shareholder Model

An approach in corporate governance focusing on maximizing the value for the shareholders, the owners of the company.

Corporate Governance

The system by which companies are directed and controlled, involving the mechanisms, processes, and relations by which corporations are regulated and operated.

Management Fixated

Refers to an organizational focus predominately on management perspectives, often at the expense of considering employee viewpoints or other stakeholder interests.

Structural Power

The ability of a group or institution to shape societal structures, norms, and policies through its control over economic resources, political influence, or social relationships.