Jack Welch's Management Style at GE Can Be Considered as an Example

question 21

Multiple Choice

Jack Welch's management style at GE can be considered as an example of:

• A)The Planning school of management, characterized by quantitative models
• B)Managerial guidance, where few simple rules combined with powerful incentives created conditions conducive to rapid adaptation
• C)Real option theory, built around the value attached to the flexibility of strategic managerial orientations
• D)An informal and unsuccessful way to run a large diversified firm

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Definitions:

Secondary Process Thinking

A mature type of thought process that includes logical thinking and the consideration of reality, often associated with conscious thoughts and problem-solving strategies.

Agreeableness

A personality trait characterized by being kind, empathetic, cooperative, and considerate of others.

Conscientiousness

A personality trait characterized by organization, responsibility, and dependability.

Psychodynamic Theories

All the diverse theories descended from the work of Sigmund Freud that focus on unconscious mental forces.