Which of the Following Is One of the Limitations of the Classical

question 46

Multiple Choice

Which of the following is one of the limitations of the classical perspective?

• A) It is inappropriate for stable organizations.
• B) It is more inappropriate for simple organizations.
• C) It is more inappropriate for dynamic organizations.
• D) It prescribed situation-specific procedures taht are not appropriate in some settings.
• E) Writers were concerned with the human element and viewed employees as resources rather than tools.

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Definitions:

First-Mover Strategy

A competitive advantage gained by being the first to market with a new product or service.

Regulatory Involvement

The extent to which government bodies or industry regulators participate in overseeing and controlling business activities or industry practices.

Start-Up Costs

Start-up costs are the initial expenses incurred during the process of establishing a new business or project, including but not limited to equipment, legal fees, marketing, and rent.

Follower Strategy

A business approach where a company decides to follow the innovations, products, or services introduced by competitors rather than lead the market.