The View That People Will Rationally Consider Available Opportunities and Do

question 194

Multiple Choice

The view that people will rationally consider available opportunities and do whatever is necessary to achieve the greatest personal economic gain is the underlying assumption of which approach to management thought?

• A)Quantitative approach.
• B)Socioeconomic approach.
• C)Modern approach.
• D)Classical approach.
• E)Behavioural approach.

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Definitions:

Novation Clause

A legal provision that allows an original contract to be replaced with a new contract, wherein a new party takes on the obligations of one of the original parties.

Office Support Staff

Employees who perform a variety of administrative and clerical tasks to support the operations of an office.

Organizational Meeting

The initial meeting held by the incorporators or directors of a new corporation to complete the formation of the corporation and to establish its internal affairs.

Incorporation Process

The series of steps required to legally create a corporation, including the filing of articles of incorporation with the relevant state authority and compliance with regulatory requirements.