If Managers Are Not Owners of Their Company, Then They

question 45

Multiple Choice

If managers are not owners of their company, then they are ________.

• A) dealers
• B) agents
• C) bondholders
• D) brokers

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Definitions:

Theory X

A management theory assuming that employees are inherently lazy and will avoid work if they can, implying that a strict control and supervision are necessary.

Type A Personality

A temperament characterized by high levels of competitiveness, self-motivation, aggressiveness, impatience, and a sense of urgency, often linked to stress and achievement in careers.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, leading to greater sales or margins and/or retaining more customers.

Union Avoidance

Strategies employed by employers to prevent the formation of unions and avoid collective bargaining, often focusing on employee satisfaction.