Which of the Following Is Not a Consequence of Bureaucracy

question 27

Multiple Choice

Which of the following is not a consequence of bureaucracy?

• A)an increased proportion of administrative workers
• B)bureaucratic rigidity
• C)reduced creativity
• D)development of limited expertise by the workers
• E)enhanced range of judgment by workers

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Definitions:

Efficient Capital Market

A market in which securities' prices fully reflect all available information, making it impossible to consistently achieve higher returns without taking additional risks.

Income Component

Income Component pertains to the portion of a financial product's return that is generated from the payment of interest or dividends.

Capital Gain

The profit earned from the sale of an asset like stocks, bonds, or real estate, which exceeds its purchase price.

Asset Classes

Categories of investments that exhibit similar characteristics, behaviors on the market, and are subject to the same laws and regulations.