In Which Type of Structure Do Costs Tend to Be

question 121

Multiple Choice

In which type of structure do costs tend to be higher due to the presence of programme managers in addition to the functional managers?

• A) Bureaucratic structure
• B) Pre-bureaucratic structure
• C) Network structure
• D) Matrix structure
• E) Team-based structure

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Definitions:

Initial Endowment

The initial quantity of assets, goods, or resources that an agent or economy possesses at the start of a period.

Competitive Equilibrium

A state in a market where supply equals demand, and no participant has the ability to influence prices.

Demand Equals Supply

An economic condition where the quantity demanded by consumers matches the quantity supplied by producers, leading to market equilibrium.

Numeraire

A standard unit of measurement in economics used to represent prices or values of other goods in terms of this unit.