Employees at a Hedge Fund Company Are All Highly Skilled

question 21

Multiple Choice

Employees at a hedge fund company are all highly skilled and demonstrate strong professional values. What would be the best structure for this company?

• A)a mechanistic, informal structure between functional groups
• B)an organizational hierarchy, with authority concentrated at the top of the organization
• C)a behavioral culture, governed by strict rules, SOPs, and norms
• D)an authoritative structure, with managers expected to actively monitor and control activities
• E)a decentralized organization, where employees are empowered and given autonomy

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Definitions:

Range

The difference between the highest and lowest scores in a set of data, indicating the spread or variability of the dataset.

Distribution

In business, refers to the process of making a product or service available to the consumer or business user who needs it. In statistics, it describes the way in which values in a dataset are spread out.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.

Squared Deviation

A statistical measure showing the dispersion of data points. It represents the square of the difference between an observed value and the mean of the dataset.