BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Managers should draw on all past theories in attempting to analyze and solve problems.
|
|
|
The best way to initially approach all management problems is through scientific management.
|
|
|
The contingency approach is integrative in nature.
|
|
|
Managers should stay flexible and consider the alternatives and fallback positions when defining and attacking problems.
|
Detailed explanation-1: -Which of the following statements does not correctly characterize the difference between the formal and the informal organization? Informal power follows the chain of command, but authority does not.
Detailed explanation-2: -The contingency approach to management, also known as the situational approach, holds that there is no single, textbook rule for the best way to manage an organization. In each company’s case, the “best” approach will be contingent upon the company’s internal and external needs.
Detailed explanation-3: -The main contingency factors are size, task uncertainty, and diversification. Each organization varies on its levels on these contingency factors and on corresponding structural variables.