What Are the Contingency Factors That Managers Should Consider in Organisational

question 62

Multiple Choice

What are the contingency factors that managers should consider in organisational design?

• A) Strategy, objectives, structure and product
• B) Environment, strategy, technology, size and life cycle, and human resources
• C) General environment, specific environment, sociocultural factors and management talent
• D) Operations, manufacturing ability and marketing know-how
• E) Environment, technology, geography and history

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Definitions:

Corncob Pipes

Pipes made from the dried cob of a corn plant, often used for smoking tobacco.

Cournot Reaction Function

A mathematical representation in economics that shows how one firm reacts to the quantity choice of another firm in a duopoly market setting.

Inverse Demand Function

Represents the relationship between the price of a good and the quantity demanded, showing how price must adjust to maintain equilibrium between supply and demand.

Marginal Costs

The expenditure involved in manufacturing one more unit of a product or service.