Which of the Following Is NOT One of the Contributions

question 75

Multiple Choice

Which of the following is NOT one of the contributions of the classical perspective?

• A) It laid the foundation for later developments in management theory.
• B) It improved dynamic organizations.
• C) It identified important management processes and functions.
• D) It identified important management skills.
• E) It focused attention on management as a valid subject of scientific inquiry.

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Definitions:

Break-Even EBIT

The level of Earnings Before Interest and Taxes at which a company covers all its operating expenses and does not make a profit or loss.

Bond Issue

The process by which a government or corporation raises funds by selling bonds to investors, which are then repaid with interest at a future date.

Coupon

The interest rate stated on a bond, representing the amount of interest paid to bondholders on an annual basis.

Interest Tax Shield

The reduction in income taxes that results from deducting interest payments on debt from taxable income.