One Problem with Becoming Too Large Is That Firms

question 28

Multiple Choice

One problem with becoming too large is that firms:

• A) become too easy to manage.
• B) often adopt a decentralized decision-making philosophy.
• C) gain increasing efficiencies.
• D) usually increase bureaucratic controls.

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Definitions:

Encourage Participation

Strategies or methods used to motivate individuals to take part in an activity or to contribute to a group effort.

Meeting Leader

The meeting leader is the individual responsible for guiding a meeting's process, ensuring that the agenda is followed, and facilitating discussion and decision-making.

Group Members

Individuals who form part of a team or group working towards a common goal.

Taking Minutes

The process of recording the main points and decisions of a meeting in a formal written format.