One of the Tenets of Classical Organizational Theory Is That

question 111

Multiple Choice

One of the tenets of classical organizational theory is that:

• A)specialization and the division of labor maximize production.
• B)organizations exist to ensure that humans feel fulfilled and part of something larger.
• C)employees can determine the best approach to work on their own.
• D)requiring all workers to cross-train will maximize production.

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Definitions:

Foreign Limited Partnerships

Partnerships formed in one jurisdiction but doing business in another where the liability of some partners is limited.

Low-profit Limited Liability Company

A classification of LLC that combines the legal and tax flexibility of a traditional LLC, the social benefits of a nonprofit organization, and a commitment to limited profit distribution.

Socially Beneficial

Refers to actions, policies, or practices that have a positive impact on society or the community as a whole.

Limited Liability Partnerships

A form of partnership where some or all partners have limited liabilities, protecting them from some or all of the partnership's debts and liabilities beyond their investment.