Classical Approaches to Management Include All of the Following EXCEPT

question 45

Multiple Choice

Classical approaches to management include all of the following EXCEPT:

• A) Weber's bureaucratic organization.
• B) Fayol's administrative principles.
• C) Maslow's hierarchy of human needs.
• D) Taylor's principles of scientific management.

Evaluate the financial performance of a company using net profit margin calculations.

Calculate operating income and understand its significance.

Determine cash flows from operating activities.

Understand the difference between net income and net cash flows from operating activities.

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed by various means, including foreign governments and private investors.

King Louis XVI

The last King of France before the fall of the monarchy during the French Revolution, executed for treason against the state in 1793.

French Revolution

A period of radical social and political upheaval in France (1789-1799) that significantly affected European and world history, characterized by its attempts to fundamentally redefine the structure of society.