The Essential Task of Management Is to Arrange Organizational Conditions

question 15

Multiple Choice

The essential task of management is to arrange organizational conditions and methods of operation so that people can achieve their own goals by directing their own efforts toward organizational objectives, are part of what motivation theory?

• A) Theory X
• B) Theory Y
• C) Theory Z
• D) None of the above

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Definitions:

Desired Profit

The target profit a company or individual aims to achieve in a specific period.

Net Loss

The amount by which expenses exceed revenues.

Ideal Levels

Targets or benchmarks that represent the most optimized conditions or quantities for operational efficiency, similar to "Ideal Standards" but more generally applied across various contexts.

Cost-Plus Approach

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price.