Henry Mintzberg | the Professional Organization

question 52

Multiple Choice

Henry Mintzberg | The Professional Organization
Mintzberg first discusses the basic structure and uniqueness of professional organizations and how they differ from machine bureaucracies and innovative organizations. He then presents various forms and models of professional organizations. Finally, he shows how the characteristics of being both democratic and autonomous can lead to favorable as well as unfavorable conditions among professionals.
-Training for professionals requires years of both formal ___________ as well as the application of expertise and skills in on-the-job training.

• A) technology
• B) education
• C) calculation
• D) operation

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Definitions:

Security Selection

The process of choosing individual securities for investment in order to achieve the best possible return.

Keogh Plans

Retirement plans for self-employed individuals and unincorporated businesses, allowing for tax-deferred savings.

Taxable

Subject to taxation by governmental authority, referring to income or financial transactions that can be taxed.

Investment Constraints

Refer to the various limitations set forth by an investor or an investment policy on the types of investments one can make, often influenced by factors such as risk tolerance, time horizon, liquidity needs, and legal or regulatory requirements.