If a Producer Agrees to Enter into a Management Contracting

question 236

Multiple Choice

If a producer agrees to enter into a management contracting arrangement with a zinc mining operation in Chile,

• A) the company should be prepared to invest large amounts in mining facilities.
• B) the company should be prepared to send people to Chile.
• C) success will depend on how well the Chilean managers know what needs to be done.
• D) the company must assume no political problems will arise, otherwise the risk is very high.
• E) None of these alternatives is true.

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Definitions:

Michael Korda

An author and editor, known for his works on historical biographies as well as his leadership and management insights.

Utilitarian Outcome

A result or consequence of an action that is judged solely based on its ability to provide the greatest good for the greatest number of people.

Ethical

Pertaining to or dealing with morals or the principles of morality; conforming to accepted standards of social or professional behavior.

Power-oriented Characteristics

Traits or behaviors displayed by individuals that focus on gaining or maintaining influence or control over others.