________ Is a Contemporary Approach to Management That Focuses on the Use

question 88

Multiple Choice

________ is a contemporary approach to management that focuses on the use of rigorous quantitative techniques to assist managers to make the best use of organizational resources to produce goods and services.

• A)Contingency theory
• B)Management science theory
• C)Administrative management
• D)Behavioral management
• E)The human relations movement

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Definitions:

Lease-Purchase Analysis

An evaluation process to determine whether leasing or purchasing assets is more cost-effective for a business or individual.

Financial Lease

A type of lease agreement wherein the lessee is responsible for all the costs associated with the asset's ownership and gets to record the asset on their balance sheet.

Depreciation Tax Shield

A reduction in taxable income that results from the allowance for depreciation expenses, providing a beneficial impact on cash flow.