The Value of ______ in Bureaucratic Institutions Is That They

question 32

Multiple Choice

The value of ______ in bureaucratic institutions is that they create standardization and predictability.

• A) leaders
• B) established methods
• C) explicit rules
• D) laws

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Definitions:

Entirely New Firm

A start-up or business entity that has been freshly established, having no prior existence.

Two-Income Households

Households in which two adults generate income through employment, contributing to the family's total earnings.

Entrepreneurship

The act of launching, managing, and developing a business venture in order to gain profit by taking on financial risks in the corporate world.

Entrepreneurs

Individuals who create, organize, and manage enterprises, especially businesses, usually with considerable initiative and risk.