If an Organisation Uses Unit Production and Makes Custom Products

question 85

Multiple Choice

If an organisation uses unit production and makes custom products, it should have a _________ structure with a _________ managerial span of control.

• A) flatter, smaller
• B) flatter, larger
• C) taller, smaller
• D) taller, larger
• E) none of these

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Definitions:

Recessionary Gap

A situation in economics where aggregate output is below potential output, leading to unemployment and underused resources.

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Fiscal Policy

A government's use of spending and taxation to influence the economy.

Money Supply

The total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.