All of the Following Statements Are Correct About Top Management

question 75

Multiple Choice

All of the following statements are correct about top management teams EXCEPT

• A)Top teams are most effective when there is limited diversity in their composition.
• B)Top management teams generally function without formal rules for team design or structure.
• C)Top management teams are important for their symbolic roles.
• D)Top management teams make decisions on new products,markets and expansions and divestitures.

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Definitions:

Controlled By Government

Refers to organizations, activities, or functions that are directly managed, regulated, or overseen by government bodies.

Unregulated

Situations or sectors not controlled or governed by rules, standards, or laws, often leading to freer, but potentially more volatile, operations.

Self Regulated

A system or process that is controlled or governed by the individuals or entities to which it applies, without external enforcement.

Strike Replacements

Workers hired by an employer to perform the duties of striking employees during a labor strike.