The Contingency Approach to Management Is Concerned with _____

question 49

Multiple Choice

The contingency approach to management is concerned with _____.

• A)the relationship between the organization and its environment
• B)applying mathematical models to management problems
• C)studying the psychological forces that affect managers
• D)studying the sociological forces that affect workers
• E)none of the above

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Definitions:

Par Common Stock

The face value of a share of stock as stated in the corporate charter.

Cost Method

An accounting method used to value inventory or investments at their original purchase cost.

Treasury Stock

Shares initially offered by a company and then purchased again by that company, lowering the volume of shares that are actively traded on the market.

Par Common Stock

The face value of common stock as stated in the corporate charter, which has no direct correlation to the market value.