Douglas McGregor Observed That All Managers Tend to Share Common

question 286

True/False

Douglas McGregor observed that all managers tend to share common assumptions about employees.

---

Definitions:

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit.

Deontological Theory

A moral philosophy that emphasizes the importance of duty and the inherent morality of actions, rather than outcomes or consequences.

Utilitarian Ethical Theory

An ethical theory suggesting that the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Profit Maximization Theory

The concept that businesses operate with the primary goal of increasing profits to the highest achievable level given their resources.