Which of the following statements about management is TRUE?
A) Management occurs solely among individuals at high levels in organizations.
B) Management exists only in business firms.
C) Management is relatively unimportant in not-for-profit organizations.
D) Management exists in organized crime and street gangs.
E) None of these choices

Question

Quizplus · Accepted Answer

Management theory and principles can be applied to organized crime and street gangs, just as they can be applied to any other type of organization. However, it is important to note that the goals and values of criminal organizations may be vastly different from those of legitimate businesses or not-for-profit organizations.

Which of the Following Statements About Management Is TRUE