Which of the Following Management Theories Advocates Employee Ownership, Profit

question 54

Multiple Choice

Which of the following management theories advocates employee ownership, profit sharing, and gain-sharing plans?

• A) McGregor's Theory X and Theory Y
• B) Hawthorne studies
• C) Fayol's Administrative Principles
• D) Maslow's hierarchy of needs
• E) Follett's organizations as communities

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Definitions:

New Products

Goods or services that have been recently developed or introduced to the market, offering new features, benefits, or innovations.

Long-term Development

A strategic approach focusing on achieving sustained growth and progression over an extended period, considering future implications of current decisions.

Rigid Structure

An organizational framework characterized by strict rules, procedures, and hierarchies that leave little flexibility for employees or adaptation.

Downward Communication

Information flow from higher levels of a hierarchy to lower levels, typically from management to employees.