Which of the Following Is a Principle of Bureaucratic Organization

question 35

Multiple Choice

Which of the following is a principle of bureaucratic organization?

• A)hierarchical authority
• B)job specialization
• C)formalized rules
• D)both hierarchical authority and formalized rules
• E)All these answers are correct.

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Definitions:

Game Theory Matrix

A tabular representation used in game theory to display the payoffs or outcomes for different strategies chosen by players in a strategic game.

Outcome

The result or effect of an action, decision, or situation, often evaluated in terms of success, failure, or impact.

Without Collusion

Refers to actions or decisions made independently among competitors in a market, without secret cooperation or agreement to manipulate market conditions.

Collusion

An agreement among firms to coordinate actions like setting prices, with the aim of increasing profits by reducing competition.