An Important Criterion That Helps to Determine the Type of Management

question 347

Multiple Choice

An important criterion that helps to determine the type of management style [Type A, J, or Z] that works best for firms is:

• A)the education level of the workforce.
• B) the marital and family status of the workforce.
• C)the general culture that surrounds the firm.
• D)the number of managers vs. the number of employees in the firm.

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Definitions:

Long-Term Vision

A strategic outlook that focuses on achieving goals and objectives over an extended period, shaping the future direction of an individual or organization.

Organizational Objectives

The established goals that guide a company or organization's activities and direction, aimed at achieving overall success and fulfillment of its mission.

Cost Containment

Strategies or approaches implemented to control, reduce, or maintain the level of expenses.

Production Targets

Specific goals or quotas set for the amount of goods or services to be produced within a certain timeframe.