The Management Philosophy Known as Theory of Constraints Is Most

question 89

Multiple Choice

The management philosophy known as theory of constraints is most closely tied to:

• A)cash management.
• B)contribution margin analysis.
• C)job costing systems.
• D)standard costing systems.
• E)organizational bottlenecks.

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Definitions:

Cultural Context

The various social, religious, economic, and cultural circumstances that influence the environment in which individuals live and interact.

Cognitive Theory

A theory of psychology that emphasizes internal states, such as motivation, problem-solving, decision-making, and perception, in understanding behavior.

Observable Behaviors

Actions or reactions of an individual in various situations, which are visible and can be scientifically recorded or analyzed.

Cultural Influence

The impact that the shared beliefs, values, norms, and practices of a culture have on the attitudes and behaviors of its members.