Today's Managers Are Moving Away from Formalization and Trying to Be

question 17

Multiple Choice

Today's managers are moving away from formalization and trying to be this.

• A)more rigorous
• B)more flexible
• C)more strict
• D)less permissive

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Definitions:

Footballs

Spherical objects used in the game of football (soccer) or oval-shaped objects used in American football, both designed for being kicked, thrown, or carried to score points.

Labor

The physical and mental effort used in the production of goods and services.

Physical Capital

Manufactured productive resources, such as buildings and machines; often referred to simply as “capital.”

Factor Market

A marketplace for the services of a factor of production, such as labor, capital, or land.