MGT 424 Saudi Electronic University Management Discussion
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2.3 Test your Knowledge (Question):
1- Explain the idea of the transaction-cost theory.
2-Discuss two to three limitations of the hierarchical structure.
MGT422
3 Test your Knowledge (Question):
Do you think business ethics is important? Why or why not?
our Cynicism Quotient
Answer the following questions as honestly as you can. Circle the number between 1 and 5 that best
represents your own beliefs about business.
Strongly Disagree
Strongly Agree
1. Financial gain is all that counts in business
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2. Ethical standards must be compromised in business practice
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3. The more financially successful the businessperson, the more unethical the behavior. 1
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4. Moral values are irrelevant in business
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5. The business world has its own rules.
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6. Business persons care only about making profit.
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7. Business is like a game – one plays to win.
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8. In business, people will do anything to further their own interest.
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9. Competition forces business managers to resort to shady practices.
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10. The profit motive pressures managers to compromise their ethical concerns.
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5
MGT324
Test your Knowledge (Question):
1- What is public administration?
2
2- What are the main elements of public administration?
MGT425
Test your Knowledge (Question):
1- What is Modeling? Write the different types of models.
2- List the five Benefits of Business Models.
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