Inadequacy Refers To

question 57

Multiple Choice

Inadequacy refers to:

• A) The condition where the capacity of a property,plant and equipment asset is too small to meet the company's productive demands.
• B) An asset that is worn out.
• C) An asset that is no longer useful.
• D) The same as obsolescence.
• E) All of these answers are correct.

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Definitions:

Scientific Approach

A methodical process used for investigating phenomena, acquiring new knowledge, or correcting and integrating previous knowledge, based on empirical or measurable evidence.

Theory X

A management theory assuming employees are inherently lazy and will avoid work if they can, necessitating control and coercion by managers.

Theory Y

A management concept suggesting that employees are inherently motivated to work and will show high levels of creativity and responsibility if given the chance.

Model of Communication

A theoretical framework that describes how information is transmitted and received between communicators.