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Discuss the Four Management Systems in Likert's System 4 Management

question 26

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Discuss the four management systems in Likert's system 4 management.


Definitions:

Interest And Taxes

Financial charges on borrowed capital and compulsory contributions to state revenue, both of which affect a company's net income.

Return On Investment

A performance measure used to evaluate the efficiency of an investment or compare the efficiency of multiple investments.

Unit Sales

The volume of product units sold by a company in a specific period.

Full Cost

The total cost of manufacturing and delivering a product or service, including direct and indirect costs.

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