The Paramount Aim in Building a Management Team Should Be

question 10

Multiple Choice

The paramount aim in building a management team should be to:

• A) select people who are committed to decentralizing decision making and empowering employees.
• B) assemble a critical mass of talented managers who can function as agents of change,work well together as a team,and produce organizational results that are dramatically better than what one or two star managers acting individually can achieve.
• C) choose managers experienced in controlling costs and flattening the organization structure.
• D) select people who have similar management styles,leadership approaches,business philosophies,and personalities.
• E) choose managers who believe in having a strong corporate culture and deeply ingrained core values.

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Definitions:

Nonprice Rationing

Distribution or allocation of goods and services based on criteria other than price, often used when there is a shortage.

Excess Demand

A situation in which the quantity demanded of a good or service exceeds the quantity supplied at a given price.

Queuing

The process of forming or waiting in a line, often applied to the theory studying the behavior of lines to improve service efficiency.

Rationing Mechanism

A system or method used to distribute scarce goods or services among competing users.