Match the Options Below with the Correct Phrases

question 55

Multiple Choice

Match the options below with the correct phrases:
-bureaucracies

• A)continuous improvement
• B)the school that emphasizes math and measurements
• C)a set of interrelated parts that work together
• D)rethinking and redesign of business processes
• E)rational organizations based on the control of knowledge
• F)the theory pursuing "the one best way"
• G)the school of variables and unique situations
• H)1 + 1 = more than two (2)
• I)the school that emphasizes meeting the needs of the customer
• J)the study of complex systems to improve effectiveness
• K)models, simulations, games, and other analytical tools are used to optimize performance
• L)the branch of management science that applies to manufacturing or service industries
• M)the school that emphasizes people
• N)the school that focuses upon the flow of information in organizations
• O)theory that holds than an organization comprises various parts that must perform tasks necessary for the survival and proper functioning of the system as a whole
• P)the school that was mainly concerned with the manufacturing and factory floor environments
• Q)part of an art or science that attempts to explain the relationships between and among its underlying principles

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Definitions:

Liabilities

Financial obligations or debts that a business owes to external parties.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the owner's claim against the company's assets.

Ratio

A quantitative relationship between two numbers, showing how many times one value is contained within another.

Liabilities

Financial obligations or debts that a business owes to others, which must be paid back in the future.