According to Theory Y by McGregor, Managers Think People

question 78

Multiple Choice

According to Theory Y by McGregor, managers think people

• A) are concerned mainly with security.
• B) must be led because they have little ambition.
• C) dislike work and try to avoid it.
• D) must be coerced, controlled, and threatened.
• E) have the ability to help accomplish an organisation's goals.

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Definitions:

Give Consideration

In contract law, the act of offering something of value, required by both parties for a contract to be legally binding.

Promissory Estoppel

A legal principle that prevents a person from going back on a promise even when a legal contract does not exist.

Unilateral Contract

An agreement in which one party makes a promise in exchange for an act performed by another party.

Consideration

In contract law, a crucial element that refers to something of value promised to another when making a contract.