**A condition in which the availability of each alternative and its potential payoff and costs are all associated with probability estimates is:**A. State of riskB. State of certaintyC. State of mild certaintyD. State of high certainty Show Answer Correct Answer: C. State of mild certainty
**The dominant role in developing Scientific Management was played by:**A. Henri FayolB. F. W. TaylorC. Harrington EmersonD. Frank Gilbreth Show Answer Correct Answer: B. F. W. Taylor
**The most articulate spokesperson of Administrative Management was:**A. Max WeberB. Chester BarnardC. Lyndall UrwickD. Henri Fayol Show Answer Correct Answer: D. Henri Fayol
**Hawthorne studies were mainly conducted by:**A. Elton MayoB. Hugo MunsterbergC. Mary ParkerD. Henry Gantt Show Answer Correct Answer: A. Elton Mayo
**Two or more sub systems working together to produce more than the total of what they might produce working alone is __________.**A. Open SystemB. Closed SystemC. Sub SystemD. Synergy Show Answer Correct Answer: D. Synergy
**An attempt to integrate common business practices from the United States and Japan into one middle ground framework has been termed as:**A. Theory XB. Theory YC. Type Z ModelD. Universal Model Show Answer Correct Answer: D. Universal Model
**The owners, Employees, Board or Directors and Culture will form the organization’s:**A. Internal EnvironmentB. External EnvironmentC. Task EnvironmentD. General Environment Show Answer Correct Answer: B. External Environment
**The appropriate managerial behavior in a given situation depends on a wide variety of elements is:**A. Classical ApproachB. Quantitative ApproachC. Behavioral ApproachD. Contingency Approach Show Answer Correct Answer: D. Contingency Approach
**A goal set by and for top management of the organization is:**A. Tactical GoalB. Strategic GoalC. Operational GoalD. Specific Goal Show Answer Correct Answer: B. Strategic Goal
**Balancing and reconciling possible conflicts among goals is:**A. CommunicationB. LeadingC. InconsistencyD. Optimizing Show Answer Correct Answer: D. Optimizing
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