The Gordon and Howell Report on Business Education in 1959

question 50

Multiple Choice

The Gordon and Howell report on business education in 1959:

• A) recommended that the study of management pay greater attention to the social sciences.
• B) refuted the findings of the Hawthorne Study.
• C) supported the bureaucratic organizational structure as the best organizational form.
• D) stressed the ethical implications of business.

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Definitions:

Cash Inflows

Money received by a business, typically from sales, investments, financing, and other business activities.

Project Profitability Index

A financial metric used to determine the relative profitability of a project, calculated by dividing the present value of future expected cash flows by the initial investment.

Present Value

The present value of a future amount of money or series of cash inflows, considering a particular rate of interest.

Cash Inflows

Money received by a business from its operational, investing, and financing activities.