Examlex

Solved

Which of the Following Is NOT One of the Fundamental

question 16

Multiple Choice

Which of the following is NOT one of the fundamental organizational hierarchical designs?

Understand the concept and benefits of division of labor and job specialization.
Appreciate the importance of coordination mechanisms, including informal communication and integrator roles.
Comprehend the implications of different spans of control on employee involvement and teamwork.
Recognize the role of organizational structure beyond the organizational chart.

Definitions:

Expansion

In economics, expansion refers to a phase of the business cycle where the economy grows and output increases, often characterized by rising employment and income.

Recession Phase

A temporary downturn in the economy, observed through decreased industrial and commercial pursuits, typically observed by a GDP decline in two consecutive quarters.

Endogenous

Endogenous refers to factors or processes that originate from within a system, such as internal economic conditions or policies affecting an economy's performance.

Innovation Theory

A concept in economics that attributes economic growth and development primarily to the introduction of new technologies and improvements in processes or products.

Related Questions