Managerial Work Is Changing in All of the Following Ways

question 10

Multiple Choice

Managerial work is changing in all of the following ways except:

• A) symbolically, managers remain at the top of the organisational pyramid.
• B) the best managers are known more for 'helping' and 'supporting' rather than for 'directing' and 'order-giving'.
• C) more emphasis is placed on teamwork.
• D) the title of manager is often replaced with 'coordinator', 'coach' or 'team leader'.
• E) the role of managers is to help workers serve customer needs.

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Definitions:

Increase Output

To raise the quantity of goods or services produced within a given time period.

Pure Monopoly

A market structure where a single firm is the sole producer and seller of a product or service, with no close substitutes available.

Profit-Maximizing Outputs

The level of production at which a company can achieve the highest possible profit.

Overallocated

The condition when resources, such as time, money, or materials, are assigned or committed beyond the capacity or availability.