Which Management Theorist Would Most Likely Have Said, "The Success

question 61

Multiple Choice

Which management theorist would most likely have said, "The success of an enterprise generally depends much more on the administrative ability of its leaders than on their technical ability"?

• A) Henri Fayol
• B) Mary Parker Follett
• C) Max Weber
• D) Chester Barnard
• E) Lillian Gilbreth

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Definitions:

Tapering Rates

A monetary policy term referring to the gradual slowing of the rate of quantitative easing by a central bank to reduce the amount of new money introduced into the economy.

Facility Location

The process of determining the most appropriate geographical location for a company's operations, manufacturing, or distribution centers to optimize logistics and meet customer demand.

Optimum Location

The most favorable place for a business to operate, considering factors such as cost, accessibility, and market presence.

Make Decision

The process of choosing among various options or actions to solve a problem or achieve a goal.