A Company and the People in the Company Need to Continually

question 48

Multiple Choice

A company and the people in the company need to continually renew themselves to take in new approaches and relearn many older ones.This is called _____.

• A)organizational designing
• B)organizational learning
• C)organizational structuring
• D)organizational engineering

Describe the role and functions of international and regional trade agreements.

Understand how income distribution affects market targeting and segmentation strategies.

Understand the impact of external forces like technology on marketing strategies.

Recognize the role of international financial institutions in the global economy.

---

Definitions:

Mechanistic Designs

Organizational structures characterized by clear hierarchies, rigid departments, and strict adherence to rules, enhancing efficiency in stable environments.

Loose Structures

Organizational frameworks characterized by flexibility, informal communication, and adaptable roles, often in contrast to rigid, hierarchical structures.

Horizontal Form

An organizational structure where departments or units operate with a high degree of autonomy and communication is lateral, emphasizing collaboration and teamwork.

Boundaryless Organization

An organizational structure that aims to eliminate traditional barriers between departments and promote a more fluid and flexible approach to business operations.