Whereas Scientific Management Focused on _____ , Administrative Principles Approach

question 121

Multiple Choice

Whereas scientific management focused on _____ , administrative principles approach focused on the _____.

• A) individual productivity; total organization
• B) organization productivity; individual effort
• C) efficient procedures; management by principle
• D) employee ability; employee loyalty
• E) employee competence; work flow through the organization

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Definitions:

Treynor-Black Model

A portfolio optimization model that integrates market equilibrium theory with security selection to enhance portfolio performance.

Nonsystematic Risk

The risk associated with an individual asset or company, which can be reduced through diversification, unlike systematic risk.

Mispriced Securities

Financial instruments whose market prices deviate from their fair values due to various factors like information asymmetry or market inefficiencies.

Treynor-Black Model

A portfolio optimization model that blends a risky asset portfolio optimized for maximum Sharpe ratio with a risk-free asset.