Classical Approaches to Organizational Design Advanced by Weber, Taylor, and Fayol

question 1

Multiple Choice

Classical approaches to organizational design advanced by Weber, Taylor, and Fayol:

• A) assume that there is one best way to design organizations.
• B) apply only to manufacturing organizations and not service organizations.
• C) are among the most flexible of organizational designs.
• D) advocate a humanistic, egalitarian approach to the workplace.

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Definitions:

Building Depreciation

The systematic allocation of the cost of a building over its useful life to account for the decrease in its value over time.

Square Feet

A measurement unit for area, commonly used in real estate, equal to the area of a square with sides of one foot.

Indirect Expense

refers to expenses that are not directly associated with the production of goods or services, such as utility costs, rent, and administration salaries.

Gross Profit

The difference between revenue and the cost of goods sold, representing the basic profitability of a company's products or services.