Organisations That Operate with a Minimum of Bureaucratic Features and Encourage

question 21

Multiple Choice

Organisations that operate with a minimum of bureaucratic features and encourage employee participation and empowerment are called:

• A) adaptive organisations.
• B) networks.
• C) new bureaucracies.
• D) organic organisations.
• E) mechanistic organisations.

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Definitions:

Return On Investment (ROI)

A financial metric used to evaluate the efficiency of an investment, calculated by dividing the benefit (return) of an investment by its cost.

Invested Capital

The total amount of money that has been invested into a company by its shareholders and debt holders.

Profit

The financial gain made in a transaction or operation, calculated as total revenue minus total costs.

Revenues

The income generated from normal business operations and includes discounts and deductions for returned merchandise.