Which of the Following Statements Correctly Describes the Early Practice

question 92

Multiple Choice

Which of the following statements correctly describes the early practice of management?

• A) The practice of management began about 100 years ago.
• B) Early economists were concerned with managerial efficiency and effectiveness.
• C) By 1900,most organizations were large.
• D) Survival was not an issue in most organizations before 1900.
• E) The scientific study of management as a field of inquiry dates back to the nineteenth century.

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Definitions:

Sample Variance

A measure of variation or dispersion of a set of sample values, calculated as the average of the squared differences from the Sample Mean.

Variance

A statistical measure of dispersion, indicating how spread out the values of a dataset are.

Symbol

A mark or character used as a conventional representation of an object, function, or process.

Numerator

The top number in a fraction, indicating how many parts of a whole are being considered.