Unlike in Divisional Structures, in Network Structures, _____

question 32

Multiple Choice

Unlike in divisional structures, in network structures, _____.

• A) the importance of informal structures is low
• B) the division of labor is based on inputs
• C) the coordination is hierarchical.
• D) the structure shifts and people constantly move

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Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Representativeness Heuristic

A cognitive bias in which an individual categorizes a situation based on patterns of previous experiences or beliefs about the scenario.

Over-Confidence

A psychological condition where an individual overestimates their knowledge, skill, or importance.

Noise Trader

A trader whose trades are not based on information or meaningful financial analysis.