Compared with Other Theories of Organization, the Contingency Theory Argues

question 33

Multiple Choice

Compared with other theories of organization, the contingency theory argues that _________ is a critical variable.

• A)number of supervisory levels
• B)ratio of supervisors to production workers
• C)environment in which company operates
• D)horizontal differentiation
• E)efficiency

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Definitions:

Directors

Members of a company's board who are elected by shareholders to make major decisions regarding the company, establish policies, and oversee the overall management.

Securities

Tradable financial assets such as stocks, bonds, and options, valued for investment and trading purposes.

Registrant

A business entity or individual that registers or files information with a regulatory authority.

Private Placement

The sale of securities to a relatively small number of select investors as a way of raising capital, bypassing the public markets.