When reviewing the diversity of management practices around the world, the quality of management practices:
A)Depends on the interpersonal relationships among managers.
B)Is tightly related to size of firm, economic development of markets, and formal structures.
C) Seems to correlate with the level of economic development.
D) Relies heavily the assessment of external opportunities and threats.

Question

When reviewing the diversity of management practices around the world, the quality of management practices:
A)​Depends on the interpersonal relationships among managers.
B)​Is tightly related to size of firm, economic development of markets, and formal structures.
C) ​Seems to correlate with the level of economic development.
D) ​Relies heavily the assessment of external opportunities and threats.

Quizplus · Accepted Answer

Research has shown that there is a correlation between the quality of management practices and the level of economic development. As economies develop, there is a greater need for efficient management, which leads to improvements in management practices. The other choices are not as strongly related to the quality of management practices.

When Reviewing the Diversity of Management Practices Around the World