Global Competition That Requires Accelerated Product Innovation, and Increased Demands

question 152

Multiple Choice

Global competition that requires accelerated product innovation, and increased demands by consumers for higher quality and faster deliveries is requiring organizations to adapt to which type of structure in order to be able to compete effectively?

• A)strategic organization
• B)organic organization
• C)mechanistic organization
• D)bureaucracy

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Definitions:

Effort

The amount of physical or mental energy put into a task or activity.

Chance

The probability or likelihood of an event occurring.

Signaling Theory

A theoretical framework that describes how individuals or entities convey information about themselves to differentiate from others, especially in contexts of asymmetric information.

Additional Education

Education pursued after completing a formal course of study, often to gain new skills, qualifications, or knowledge.