The Assumption That People Are Rational and Primarily Interested in Economic

question 10

Multiple Choice

The assumption that people are rational and primarily interested in economic incentives from their work is the underlying assumption of which approach to management thought?

• A) Socioeconomic approach
• B) Modern approach
• C) Quantitative approach
• D) Classical approach
• E) Behavioural approach

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Definitions:

Tablets

Portable computing devices featuring a touchscreen interface, with the capability to browse the web, run apps, and perform other functions.

Cloud Storage

A service model in which data is transmitted and stored on remote storage systems, accessible from any internet-connected device.

Storing Data

The process of saving data in a persistent storage medium, such as a hard drive, SSD, or cloud storage, so it can be retrieved and used later.

Hard Disk

A data storage device used for storing and retrieving digital information, using magnetic storage to store vast amounts of data persistently.