The Theory Based on the Idea That the Best Managerial

question 2

Multiple Choice

The theory based on the idea that the best managerial actions in a given situation depend on the elements of that situation is known as

• A) the equifinality theory.
• B) Theory X and Y.
• C) the contingency approach.
• D) the systems theory.
• E) quantitative management.

---

Definitions:

Diminishing-Balance Method

A method of accelerated depreciation where an asset loses value by a fixed percentage each year over its useful life.

Constant Percentage

A fixed rate applied over time or across instances, often used in calculation methods or financial formulas.

Straight-Line Depreciation

is a method of calculating the depreciation of an asset by evenly spreading its cost over its useful life.

Residual Value

The anticipated amount an asset is expected to be worth when it is sold after reaching the end of its usability.