If the Organization's Structure Is Strongly Based on Function

question 20

Multiple Choice

If the organization's structure is strongly based on function:

• A)workers tend to have low authority.
• B)workers tend to work alone at highly specialized jobs.
• C)workers tend to have broad responsibility.
• D)workers tend to serve a particular group of customers or produce a particular product.
• E)"a" and "b" only.

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Definitions:

Autonomous Investment

Investment that is not influenced by the current level of income or production, often driven by technological innovations or changes in policy.

Aggregate Expenditure Line

A visual depiction in macroeconomics illustrating the overall expenditures on goods and services within an economy across different income levels.

Marginal Propensity

The tendency of a person to spend an additional unit of currency; often relates to income in the context of marginal propensity to consume or save.

Simple Multiplier

The ratio used to estimate the proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal, of spending.