Tim Long's First Year as Unit Supervisor for a Local

question 169

Multiple Choice

Tim Long's first year as unit supervisor for a local manufacturer was quite a challenge. To encourage his subordinates to meet unit and company goals, he instituted quality circles. These circles were then enabled to directly affect unit operations. Tim's managerial attitude reflects the assumptions underlying

• A)the expectancy theory.
• B)Theory Y.
• C)the equity theory.
• D)reinforcement.
• E)Theory X.

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Definitions:

Legal Fees

The charges for services provided by lawyers or law firms, including consultations, representation in legal matters, and the preparation of legal documents.

Promoter Fees

Charges or expenses paid to an individual or company for organizing and finding investors for a particular project or business venture.

Paid-in Capital

The amount of capital provided by shareholders in exchange for shares of stock during the initial offering or through subsequent stock offerings.

Retained Earnings

The portion of a business's profits not distributed to shareholders but instead reinvested in the business or kept as reserve.