Multiple Choice
An agency relationship exists when:
A) Organizational departments create and pursue their own goals at the expense of the overall corporate interests
B) Managers are not running the firm in the best interests of its owners
C) A principal contracts with an agent to act on behalf of the principal
D) An agent does not act in the best interest of the principal
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Max Weber's system of bureaucracy can be
Q3: Financial systems:<br>A)Focus only on the budgetary process<br>B)Only
Q4: Specialization enables:<br>A)Gains of effectiveness for the whole
Q5: The basic design for complex organizations is
Q6: "Structure follows Strategy" is the correct view.
Q8: The matrix structures came to the fore
Q9: Management systems provide:<br>A)The means to run a
Q10: What are interdependence and its impact on
Q11: Corporate culture:<br>A)Was invented by management consultants twenty
Q12: The pioneers of the multidivisional structure were:<br>A)General