What Was the Aim of the Human Relations Approach to Management

question 68

Multiple Choice

What was the aim of the human relations approach to management?

• A) emphasizing economical operations, adequate staffing, maintenance of inventories to meet consumer demand, and organizational control
• B) applying scientific methods to analyze work and to determine how to complete production tasks efficiently
• C) eliminating the variability that results when managers in the same organization have different skills, experiences, and goals
• D) emphasizing the perspective of senior managers within the organization
• E) understanding how psychological and social processes interact with the work situation to influence performance

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Definitions:

Working Capital

The distinction between a firm's current assets and its current liabilities, revealing the company's short-term financial health.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal installments.

Incremental Sales

Additional sales generated by a new promotional strategy or marketing campaign, beyond the expected or normal sales volume.

Operating Expenses

Costs that a business incurs through its normal business operations, excluding the cost of goods sold.