High Formalisation in an Organisation Creates All of the Following

question 24

Multiple Choice

High formalisation in an organisation creates all of the following EXCEPT:

• A)promoting effective customer responsiveness.
• B)a lack of trust.
• C)stifling of creativity.
• D)impeding initiative.

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Definitions:

Job P978

A specific job, project, or batch in a costing system assigned with a unique identifier for tracking costs.

Unit Product Costs

The total cost associated with producing one unit of product, including direct materials, direct labor, and allocated overhead costs.

Markup

The amount added to the cost of goods to cover overhead and profit, determining the selling price.

Selling Price

The amount of money a customer pays to buy a product or service.