Examlex
Which of the following is a characteristic of a monopoly market?
Horizontal Specialization
A division of labor where tasks are divided among employees at the same level within an organization, based on skills or expertise.
Mechanistic Structure
A mechanistic structure in an organization is characterized by rigid hierarchy, high levels of formalization, and centralized decision making.
Organic Structure
A flexible and decentralized organizational structure, characterized by low levels of formalization and high levels of employee autonomy, aimed at fostering innovation and adaptability.
Single Corporation
A business or company that operates independently without subsidiaries or affiliations with other entities.
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