What Will Be the Result When Managers Use New Forms

question 8

Multiple Choice

What will be the result when managers use new forms of organizing?

• A) They will build organizations that are flexible and adaptive.
• B) They will create an organization chart by identifying business functions.
• C) They will specify the goals to be achieved and decide in advance the appropriate actions needed to achieve those goals.
• D) They will establish a top-down approach where top executives establish business plans and tell others to implement them.
• E) They will monitor performance and make necessary changes in a timely manner.

Identify the impact of historical and modern legislation on assessment practices.

Understand the theoretical foundations of intelligence and personality assessment.

Understand the historical development and purpose of intelligence testing, specifically the Army Alpha and Beta tests.

Recognize the importance of collecting data from multiple sources during an assessment.

---

Definitions:

Accounting Profit

Net income of a company is determined by deducting total expenses from total revenues, in line with established accounting norms.

Implicit Costs

The opportunity costs associated with a company's resources that are not directly paid out in cash but represent foregone alternatives.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision.

Explicit Costs

Direct, out-of-pocket payments for goods or services used in the production of a product or service.