The More Information a Manager Has, the Less Risk There

question 120

True/False

The more information a manager has, the less risk there is that a decision will be incorrect.

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Definitions:

Informal Structure

The unofficial, dynamic aspects of an organization that stem from personal relationships, networks, and social complexities rather than formal rules and hierarchies.

Bureaucracy

A formal organizational structure with a clear hierarchy and strict rules governing operations, often used in large organizations or governments.

Utilitarian Organizations

are groups formed to achieve specific objectives, often for compensation, such as businesses or government agencies.

Ideal Bureaucracies

Theoretical models of organizational structures designed to operate efficiently and rationally through clear hierarchies and rules.