One Advantage of a Bureaucratic Organization Is That

question 346

Multiple Choice

One advantage of a bureaucratic organization is that

• A) it is very responsive to the wants and needs of customers.
• B) there are very few layers of management.
• C) it encourages cooperation among different departments within the organization.
• D) employees know they are expected to follow the rules and regulations.

---

Definitions:

Net Worth

The value of all assets a person or corporation owns, minus the liabilities they owe; a measure of financial health.

Liabilities

A debt owed by a business to another organization or individual.

Assets

Resources owned by a business or individual that have economic value and can provide future benefits.

Venture Capitalist

An investor who provides capital to startup ventures or supports small companies that wish to expand but do not have access to equities markets.