The Dominant View in Management Theory Suggests That ________

question 27

Multiple Choice

The dominant view in management theory suggests that ________.

• A) an organization's success or failure is due to external forces outside managers' control
• B) managers' roles are increasingly becoming peripheral and staff manage their own areas of expertise
• C) managers are directly responsible for an organization's success or failure
• D) managers cannot significantly affect an organization's performance because they are constrained by the abilities of their employees

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Definitions:

Cumulative Preferred Stock

A type of preferred stock whose dividends accumulate if not paid in a given year and must be paid out before common stock dividends.

Dividends Per Share

The amount of dividend that a company pays out to each shareholder, expressed on a per share basis.

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to vote on corporate matters.

Par Value

The face value of a bond or stock as stated by the issuing company.