An Organization with Only a Few Layers of Management Is

question 44

Multiple Choice

An organization with only a few layers of management is known as a:

• A)tall organization.
• B)leveraged organization.
• C)coordinated organization.
• D)flat organization.

Understand Festinger's social comparison theory, including upward and downward comparisons.

Understand the misconceptions and knowledge gaps between senior management and lower-level employees regarding organizational awareness.

Identify the objectives and reasons behind union formation and employee drive for union representation.

Recognize the legal framework and historical significance of labor laws in the United States, including the Wagner Act and the Taft-Hartley Act.

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Definitions:

Strategic Fits

The degree to which the strategies and operations of two or more businesses or units complement and reinforce each other.

Acquisitions

The process of obtaining control of another company by purchasing or exchanging shares.

Incremental Value

The additional or extra value generated by making a particular business decision or taking a specific action, compared to not doing so.

Purchase Cost

The total expense incurred to acquire an asset or service, including the price and additional charges.