From a Contingency Perspective, a Tight Bureaucracy

question 103

Multiple Choice

From a contingency perspective, a tight bureaucracy:

• A) is a dynamic way of organizing things.
• B) is best suited in organizations that are quick in adapting to changing circumstances.
• C) is best suited for quick handling of problems.
• D) works best in a relatively unstable environment.
• E) works best when the operations are predictable and uncomplicated.

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Definitions:

Communism

A political and economic ideology advocating for a classless society in which the means of production are owned collectively.

Market Economy

An economic system where economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses with minimal government intervention.

Command System

A method of organizing an economy in which property resources are publicly owned and government uses central economic planning to direct and coordinate economic activities; socialism; communism. Compare with market system.

Laissez-faire Capitalism

An economic system where government intervention in business and markets is minimal, and the forces of supply and demand are allowed to regulate the economy.