The Word "Control" Must Be Used Carefully Because ___

question 162

Multiple Choice

The word "control" must be used carefully because ___.

• A) controlling is an unethical managerial practice that must be concealed.
• B) most employees resent managerial control.
• C) the word has a negative connotation.
• D) few managers actually know what it means.
• E) control can have malicious connotations.

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Definitions:

Political Appointments

Positions given within the government based on political affiliation or support rather than through a merit-based or competitive process.

Rule of Reason

A legal doctrine used in antitrust law that evaluates the legality of business practices based on their actual competitive impact, including circumstances and rationale.

Herfindahl Index

A measure used in competition law and antitrust analysis, calculated by summing the squares of the market shares of all firms within an industry.

Natural Monopoly

A market situation where a single firm can supply a product or service to an entire market at a lower cost than two or more firms could.