In the Context of Technology Configurations, Which of the Following

question 3

Multiple Choice

In the context of technology configurations, which of the following is true of large batch technologies?

• A) Goods or services are provided in low volumes.
• B) Organizational structure tends to be organic.
• C) Decision making tends to be decentralized.
• D) Communication is highly informal.
• E) Hierarchical authority is more prominent.

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Definitions:

Confidence Intervals

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a certain degree of confidence.

Point Estimates

Statistical measures that provide the best single estimation of an unknown population parameter.

Unbiased Estimator

A statistic used to estimate a parameter that is expected to equal the true parameter of the population.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.