The Revolution in Management That Is Currently Under Way Suggests

question 205

Multiple Choice

The revolution in management that is currently under way suggests that the most effective managers of the future will

• A) be very strict in their treatment of workers.
• B) emphasize individual initiative rather than teamwork.
• C) specialize in performing one of the four management functions.
• D) emphasize teamwork.

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Definitions:

Assets

Assets are resources owned or controlled by a business, expected to bring future economic benefits.

Total Assets

The sum of all resources owned by a company, valued at cost, which are expected to provide future economic benefits.

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services.