Mills Argues That There Are Three Major Institutional Forces in Modern

question 41

Multiple Choice

Mills argues that there are three major institutional forces in modern American society in which the power of decision making has become centralized.Which of the following is NOT one of these forces?

• A) economic institutions
• B) social order
• C) political order
• D) military order

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Definitions:

Management By Exception

A management strategy where leadership steps in only when performance deviates significantly from standards, focusing on the exceptions rather than routine operations.

Price Variance

The difference between the actual price paid for something and its standard or expected price, often analyzed in cost accounting.

Quantity Variance

The difference between the expected and actual quantity of materials used in production, reflecting efficiency in material usage.

Direct Materials

The raw materials directly used in the manufacturing of a product.