Based on the Work of Foucault, Which of the Following

question 18

Multiple Choice

Based on the work of Foucault, which of the following best describes how power operates in contemporary organizations?

• A) Managers participate in direct observation, standing behind workers to observe them.
• B) Workers realize that their peers and managers might be watching them at any time.
• C) Customer surveys carry more power than manager assessments of workers.
• D) New technologies are used to control the pace of work.

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Definitions:

WACC

Weighted Average Cost of Capital - a measure of a firm's cost of capital in which each category of capital is proportionately weighted.

WACC

stands for Weighted Average Cost of Capital, which is a calculation of a firm's capital cost from all sources, including equity and debt, weighted accordingly.

Capital Asset Pricing Model

A model used to determine the theoretical rate of return of an asset, considering risk and the time value of money.

Cost of Equity

The return a firm theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertook by investing their capital.