All of the Following Are Considered Characteristics of Bureaucracy,except

question 38

Multiple Choice

All of the following are considered characteristics of bureaucracy,except?

• A)The division of labour with a high level of technical specialization.
• B)A system of formal rules and procedures that ensured consistency,impartiality,and impersonality throughout the organization.
• C)Bottom-up decision-making.
• D)A horizontal chain of command.
• E)A hierarchical chain of command.

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Definitions:

Pure Competition

A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, leading to perfect competition.

Nonprice Competition

A strategy where businesses focus on improving product quality, promoting innovation, or providing exceptional service instead of lowering prices to compete.

Differentiated Products

Goods or services that are distinguished from similar products by quality, features, branding, or customer service, allowing them to compete apart from price alone.

Entry Barriers

Obstacles that prevent new competitors from easily entering an industry or area of business.