Robert Michels Said That There Is a Tendency of Formal

question 33

Multiple Choice

Robert Michels said that there is a tendency of formal organizations to be dominated by a small, self-perpetuating elite. He called this the

• A) McDonaldization of contemporary life.
• B) hidden voluntary culture.
• C) iron law of oligarchy.
• D) democratic group.

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Definitions:

Monthly Unit Sales

The total number of units of a product sold by a company in one month.

Break-even Sales

The amount of revenue required to cover both fixed and variable expenses, resulting in zero profit.

Recent Month

The latest completed month period for which data or details are considered or analyzed, typically in a financial or operational context.

Break-even Point

The level of production or sales at which total revenues equal total expenses, resulting in no profit or loss.