When an Organization Experiences Lack of Quality in Its Decision-Making

question 15

Multiple Choice

When an organization experiences lack of quality in its decision-making, has no innovative responses to its changing environment, has too much evident conflict, and its employee performance is declining, it is most likely facing .

• A) vertical-horizontal malfunction
• B) reengineering difficulties
• C) decentralization
• D) task force failure
• E) symptoms of structural deficiency

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Definitions:

Efficient

Describes an economy, market, or decision-making process that effectively allocates resources and inputs in a way that maximizes output or returns with minimal waste.

Semi-Strong Efficiency

A form of market efficiency that asserts all public information is reflected in stock prices, making it impossible to gain abnormal returns.

Insider Information

Non-public information about a publicly-traded company that can provide a financial advantage in the stock market if acted upon.

Market Prices

The current prices at which goods, services, or financial instruments are bought and sold in a market.