Woodward's Classification Theme of Technology (Large Batch, Small Batch, and Continuous

question 20

Multiple Choice

Woodward's classification theme of technology (large batch, small batch, and continuous process) led to the conclusion that the more complex the technology, the:

• A) lesser the investment capital the organization needed.
• B) lesser the funds needed to be invested in training.
• C) more complex the administrative component of the organization needs to be.
• D) more a participative leadership style would lead to organizational effectiveness.

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Definitions:

β Value

In statistics, represents the type II error rate, or the probability of failing to reject a false null hypothesis; also used to denote regression coefficients in multiple regression models.

Increasing

Becoming greater or larger in quantity, size, intensity, or degree.

Standard Deviation

A figure that gauges the scatter of data points around the mean value, demonstrating the extent of dispersion.

Test Statistic

A standardized value used in statistical hypothesis testing to determine whether to reject the null hypothesis.