Which of the Following Statements Would Elton Mayo Have Most

question 268

Multiple Choice

Which of the following statements would Elton Mayo have most likely made soon after concluding his Hawthorne studies?

• A) Employees are not lazy, but they normally lack direction and respond best to an autocratic style of management.
• B) The key to increasing productivity is to provide employees with the best possible physical working conditions.
• C) When employees are put into an isolated group, their natural tendency is to compete against each other and establish a "pecking order."
• D) Employees who enjoy their work environment and believe they are respected are likely to be more productive employees.

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Definitions:

NPV

Net Present Value, a calculation used to determine the value of a project or investment by discounting future cash flows to the present.

Cash Flow

Total funds inflow and outflow within a business and its effect on liquid assets.

WACC

Weighted Average Cost of Capital; a calculation used to estimate the cost of financing a company's assets, blending debt and equity costs.

MIRR

Modified Internal Rate of Return, which adjusts for the differences in reinvestment rates of a project's cash flows.