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Chan's Is an Auction House Specializing in Artifacts from the East

Question 2

Multiple Choice

Chan's is an auction house specializing in artifacts from the East. Mr. Chan, the owner, hears about an antique Chinese tea set which is in the hands of an old family. He had a buyer willing to spend over $20 million to procure the set. The cut from the sale will help the auction house end the year in a profit. Mr. Chan calls a meeting, explains the situation, and asks the team for ideas on how to seal the deal. Under which management system defined by Likert does Mr. Chan's style of management fall?


A) System 3
B) System 2
C) System 4
D) System 1

Correct Answer:

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