55. Mark the INCORRECT statement.

• A. Senior managers make decisions that are broad in scope.
• B. Intermediate managers mostly make non-routine decisions.
• C. Acceptable alternatives are bounded by legal restrictions only.
• D. Junior managers mostly make operational decisions.

56. Mark the correct statement about Scientific Management:

• A. It strives to find out the one best way of doing a task.
• B. It often leads to tremendous savings to the organization.
• C. It separates thinkers (managers or industrial engineers) from doers (workers).
• D. All of the above.
• E. a and b only.

58. The problem with BCG Matrix is that

• A. it is difficult to define the market.
• B. the two dimensions can be limiting.
• C. there is a possibility of synergy between two SBUs that may not be captured by the model.
• D. all of the above.
• E. a and b only.

59. Mark the correct statement.

• A. The contingency approach to management emphasizes that what managers do in practice is dependent on a given set of circumstances.
• B. The contingency approach to management is based on the premise that there is no one best way to solve a management problem in all organizations.
• C. Main challenges in using the contingency approach include: Perceiving organizational situations as they actually exist, choosing the management tactics best suited to those situations, and competently implementing those tactics.
• D. all of the above.
• E. b and c only.