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A Manager Assume Workers Are Lazy and Irresponsible and Require

question 103

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A manager assume workers are lazy and irresponsible and require constant supervision and external motivation to achieve organizational goals. Which of the following theories of management does the manager subscribe to?


Definitions:

Net Assets

represent the residual interest in the assets of an entity after deducting its liabilities.

Fair Market Value

An estimate of the price at which an asset would change hands between willing buyers and sellers in an arms-length transaction.

Book Value

The net value of a company's assets, subtracting liabilities from the total assets, often used to determine a company's worth.

Pac-man Defence

A strategy used by a company facing a hostile takeover attempt, where it turns around to try to acquire the company that initially targeted it.

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