Which of the Following Statements About Likert's Approach Is FALSE

question 134

Multiple Choice

Which of the following statements about Likert's approach is FALSE?

• A) It holds that the bureaucratic model has numerous drawbacks.
• B) It advocates a System 4 design.
• C) It is flexible and varies from one manager to another.
• D) It characterizes eight processes.
• E) It paralleled the human relations school of management.

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Definitions:

Overall Cost Of Capital

The weighted average of the costs of all sources of financing used by a firm, including debt and equity.

Invested Funds

Money placed into vehicles like stocks, bonds, or mutual funds with the expectation of earning a return.

Cost Of Capital

The return rate that a company must earn on an investment to maintain its market value and attract funds.

Cash Flows

The complete sum of financial resources being exchanged within a business, profoundly impacting its immediate financial health.