The Management Approach That Emphasized Ways to Manage Work More

question 132

Multiple Choice

The management approach that emphasized ways to manage work more efficiently is the ___ viewpoint.

• A)classical
• B)quality-management
• C)systems
• D)contingency
• E)MBO

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Definitions:

Retention Ratio

The percentage of net income that is retained in the business rather than paid out as dividends; synonymous with Plowback Ratio.

Cash Dividends

Cash dividends refer to the distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Selling and Administrative Expenses

Costs associated with the daily operations of a business that are not directly linked to producing the product or service but are necessary for selling and managing the business.

Plowback Ratio

A financial metric indicating the proportion of earnings a company decides to retain for reinvestment, rather than distributing as dividends.