Edward Bingaman Was Overheard Telling One of His Friends,"You Always

question 66

Multiple Choice

Edward Bingaman was overheard telling one of his friends,"You always think there is one way to solve a problem.It just doesn't work that way.You have to use your head and try different approaches under different circumstances." What management theory is Bingaman advocating?

• A) Systems theory
• B) Organizational behavior
• C) Administrative management
• D) Quantitative management
• E) Contingency theory

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Definitions:

Enforce

To compel obedience to a law, rule, or obligation through the imposition of penalties or other legal mechanisms.

Warranty Liability

Legal obligation of a seller to compensate the buyer for losses caused by defects or failures in the product warranted.

In Blank

Pertains to a document, especially a financial instrument, left partially unfilled or unsigned, allowing for details to be added later.

Transfer Warranties

Legal assurances provided during the transfer of assets, ensuring certain conditions or elements are true or will be upheld.