Lower-Level Management Analysis Concentrates on the "One Best Way" to Perform

question 20

Multiple Choice

Lower-level management analysis concentrates on the "one best way" to perform a task. The process of finding this "one best way" is known as ________.

• A) higher-level management
• B) contingency management
• C) comprehensive management
• D) scientific management
• E) system management

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Definitions:

Ultra Vires

Acts or transactions conducted by a corporation that fall outside the scope of powers and purposes defined by its charter or laws; such acts may be invalid or unauthorized.

Clayton Act

The Clayton Act is a U.S. antitrust law, enacted in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.

Interlocking Directorates

In antitrust law, a situation that occurs when individuals serve as directors for two corporations that are competitors.

Golden Parachute

A substantial financial package granted to a corporate executive upon termination, often after a takeover or merger.