Which of the Following Statements Is True About the Simple

question 34

Multiple Choice

Which of the following statements is true about the simple structure?

• A) It is very expensive to operate.
• B) It is characterized by a high degree of formalization.
• C) It becomes increasingly inadequate as an organization grows.
• D) It is most widely adopted in large businesses in which the manager and owner are different.
• E) It is characterized by a narrow span of control.

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Definitions:

Quantity Supplied

The quantity of a product or service that suppliers are ready and capable of selling at a specific price.

Inversely Related

A term used to describe a situation in which one variable increases as another variable decreases.

Doomsday Forecasts

Predictions suggesting catastrophic events leading to widespread destruction or significant societal collapse.

Government Regulation

refers to laws, rules, or directives imposed by government bodies to regulate and control the activities of businesses and individuals within an economy.