According to William Ouchi, Which of the Following Statements Is

question 94

Multiple Choice

According to William Ouchi, which of the following statements is true about Theory Z managers?

• A) They assume that people must be forced to perform.
• B) They would adopt an autocratic leadership role.
• C) They consider long-term goals when making plans.
• D) They believe that people dislike work and try to avoid it.

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Definitions:

Medium of Exchange

An item that is widely accepted in transactions for goods and services because it simplifies trade and eliminates the need for a coincidental wants barter system.

Capital Good

Long-term assets used in the production of goods and services, such as machinery, buildings, and equipment.

Store of Value

Store of value is a function of money that allows it to retain purchasing power over time, enabling people to save it and use it in the future.

Fundamental Questions

Basic economic queries that address what to produce, how to produce, and for whom to produce, guiding resource allocation.