Which of the Following Statements Would Best Summarize Max Weber's

question 59

Multiple Choice

Which of the following statements would best summarize Max Weber's views on the role of workers in an organization?

• A) Workers should be empowered to do whatever it takes to satisfy the needs of customers.
• B) Workers will be promoted within the organization depending upon "who they know," rather than "what they know."
• C) Workers should simply follow well-defined procedures.
• D) Although top managers must ultimately make the decisions, workers are an important creative resource for a firm, and top management should listen to their ideas.

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Definitions:

Ben Bernanke

An American economist who served as the Chairman of the Federal Reserve, the central banking system of the United States, from 2006 to 2014.

Freddie Mac

A government-sponsored enterprise established to expand the secondary mortgage market by buying loans from lenders, thereby increasing the supply of money available for mortgage lending.

Fannie Mae

A government-sponsored enterprise established in 1938 to expand the secondary mortgage market by securitizing mortgages, thereby increasing the supply of money available for mortgage lending and home ownership.

Culture-War Policy

Public policies or political strategies that emphasize issues related to morality, values, and cultural identity, often resulting in divisive and heated debates within society.