Which of the Following Would Be Least Likely to Be

question 2

Multiple Choice

Which of the following would be least likely to be a characteristic of an ideal bureaucracy as defined by Weber?

• A) Career advancement based on merit
• B) Well defined hierarchy
• C) Few rules and procedures
• D) Specialization of labor

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Definitions:

Rate of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Dividend Income Distributions

Payments made by a corporation to its shareholders, typically derived from the company's earnings.

Capital Gains

Capital gains are the profit earned from the sale of an asset, such as stock or real estate, which has increased in value over the holding period.

Rate of Return

The increase or decrease in the value of an investment during a predetermined period, represented as a percentage of the investment's starting cost.