Katz and Kahn (1978) Introduced Two Additional Issues into Weberian

question 93

Multiple Choice

Katz and Kahn (1978) introduced two additional issues into Weberian bureaucracy: centralized decision-making and:

• A)delegation of authority.
• B)negative entropy.
• C)span of control.
• D)standardization of tasks.

---

Definitions:

Forecasting Risk

The potential for actual outcomes to differ significantly from predicted outcomes in business or financial forecasting models.

Scenario Analysis

An approach to understanding future prospects by exploring various potential outcomes.

Scenario Analysis

The practice of scrutinizing possible future situations by looking at a range of alternative scenarios.

Financial Break-Even

The point at which total revenues are equal to total operating and financial costs, indicating a project or business is neither losing nor making money.