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Which of the following is correct with respect to the issue of organizational structure?
Once an organizational structure is in place, it tends not to change much until the next major change is made.
With the busyness that is evident in most organizations, structure may often develop without much planning.
The organization's purpose, mission, and strategy are not particularly important factors in the structure an organization adopts; rather, the most important factor is executive preferences.
An organization's structure is largely the result of rational planning, and the preferences of managers do not generally influence the decision of which structure to adopt.
All of these are correct.
New Product
A new product is an item or service that has been recently developed or significantly improved, offering new features or benefits to the market.
Marginal Utility
The additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service.
Product Z
A hypothetical product used in discussions or examples when no specific product is being referenced.
Consumer's Income
The total amount of income available to an individual or household for spending on goods and services.
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