Weber Defined a Management System as a Bureaucracy When It

question 37

Multiple Choice

Weber defined a management system as a bureaucracy when it included which of the following components?

• A) minimum regulations and paperwork
• B) close, personal relations among organization members
• C) emphasis on the human variable
• D) detailed procedures and rules
• E) a loosely defined organizational hierarchy

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Definitions:

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, often conducted when a company is insolvent.

Convert

To change something into a different form or properties, often used in financial contexts such as converting currencies or securities.

Gain

An increase in the value of an asset or a decrease in the value of a liability which contributes to an increase in the owner's equity.

Loss

The financial state where expenses exceed revenues within a specific period.