Match the Options Below with the Correct Phrases

question 70

Multiple Choice

Match the options below with the correct phrases:
-quantitative school

• 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:

Intangible Capital

Non-physical assets possessed by a company, such as intellectual property, brand names, and organizational knowledge that contribute to the company's value.

Tangible Capital

Physical assets owned by a firm that are used in the production process, such as buildings and machinery.

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, employee relations, and other non-physical assets.

Human Capital

The stock of habits, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.