Administrative Principles Contributed to the Development of Which of the Following

question 107

Multiple Choice

Administrative principles contributed to the development of which of the following?

• A) The stakeholder approach
• B) Scientific management
• C) The Hawthorne Studies
• D) Bureaucratic organizations

Differentiate between service, cost, and profit centers within an organization.

Understand the principles of activity-based costing and its application.

Grasp the concept of controllable versus uncontrollable costs and their relevance in managerial performance evaluation.

Understand the principles of cost allocation to departments and products.

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Definitions:

Midterm Results

The outcomes or scores obtained from exams or evaluations conducted halfway through an academic term.

Frequency Distribution

A summary of a set of data showing the frequency, or number of times, each value occurs.

Class

A set of entities, instances, or objects sharing common attributes, properties, or characteristics.

Inferential Statistics

The branch of statistics that allows drawing conclusions and making predictions about a population based on a sample of data.