"Simon, I'd Like You to First Report Your Coworker's Misbehavior

question 73

Multiple Choice

"Simon, I'd like you to first report your coworker's misbehavior to your immediate supervisor, not me, your division manager. I trust that the two of you can resolve the matter," said Bob Taylor. "If not, your supervisor will raise the matter with me. We follow what is called a bureaucracy approach to management, and we use the chain of command because

• A) decision making in a bureaucracy is always the most rapid."
• B) the supervisor does not need to be involved in solving problems in his/her work unit."
• C) flexibility is always important."
• D) efficiency and success are realized by following the rules in a routine and unbiased manner."
• E) a bureaucracy is always the most appropriate model for an organization."

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Definitions:

Perfectly Competitive Market

A market structure characterized by many buyers and sellers, homogenous products, and free entry and exit, leading to price determination purely by demand and supply.

Soybeans

A type of legume native to East Asia, widely grown for its edible bean, which has numerous uses including oil, animal feed, and as a food item.

P × q

The formula representing total revenue, where P is the price per unit and q is the quantity of units sold.

Homogeneous

Characteristics of products or services that are identical in quality and features, making them indistinguishable from one another in the eyes of consumers.