Which of the Following Statements Would a Proponent of Management

question 264

Multiple Choice

Which of the following statements would a proponent of management by objectives likely make?

• A) Top management is best qualified to set the organization's overall goals.
• B) When all is said and done, employees must motivate themselves.
• C) Most employees are motivated more by pay than by recognition.
• D) In order to achieve important goals, managers must rely more on helping employees rather than coaching them.

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping managers ensure that sufficient cash is available for operations.

Budgeted Sales

The projected amount of sales, often expressed in units or revenue, that a company expects to achieve in a specific period.

Production Budget

An estimate of the total units that must be produced in a given period to meet sales and inventory needs.

Sales Budget

An estimate of the expected sales revenue and selling expenses for a specific period, used for planning and control purposes.