Which of the Following Is a Classical Management Approach

question 59

Multiple Choice

Which of the following is a classical management approach?

• A) Theory X
• B) Theory Y
• C) Human needs theory
• D) Hawthorne studies
• E) Administrative principles

---

Definitions:

Balance Sheet

A Balance Sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, offering a snapshot of its financial condition.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.

Return On Sales

A ratio used to evaluate a company's operational efficiency, calculated by dividing operating profit by sales revenue.

Accrual Accounting

A financial recording approach that documents incomes and expenditures at the time they happen, irrespective of the actual cash flow.