The Extent to Which a Firm Meets or Exceeds the Standard

question 80

Multiple Choice

The extent to which a firm meets or exceeds the standard business practices for its industry is known as _____.

• A) bootstrapping
• B) professionalization
• C) effectuation
• D) Perceived Organizational Support (POS)

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Definitions:

Micromanagement

A management style where a manager closely observes or controls the work of subordinates or employees, often excessively.

Participative Management

A managerial approach in which employees at all levels are encouraged to contribute ideas and participate in decisions affecting their work and the organization.

Competent and Intelligent

Being capable and skilled in performing a task or role effectively, combined with the ability to learn, understand, and apply knowledge.

Consultative Leader

A person in charge who confers with group members before making a decision, but who retains the final authority to make decisions.