To Be Competitive, ________ Recommended That American Firms Adopt a New

question 285

Multiple Choice

To be competitive, ________ recommended that American firms adopt a new management style that was a hybrid of the approaches used by Japanese firms and those used by American firms called ________.

• A) Mi Yurchishin, Theory X
• B) Akiko Animoto, Theory Z
• C) William Ouchi, Theory Z
• D) Sam Hyakowa, Theory Y

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Definitions:

Budget Surplus

The situation in which a government's revenues exceed its expenditures during a given period, indicating financial health.

Public Saving

The portion of national saving that is accumulated by the government sector, often reflected as the difference between government revenues and expenditures.

National Saving

The total amount of savings generated within a country, which is the sum of private savings by households and businesses plus public savings from the government’s budget.

Tax Revenue

Tax revenue is the income gained by governments through taxation, a primary source of income used to fund public services and obligations.