Complete the Following Using the Terms Listed Below

question 170

Multiple Choice

Complete the following using the terms listed below.
-People who make decisions on their own without consulting subordinates are _____.

• A)corporate culture
• B)top management
• C)line organization
• D)management
• E)departmentalization
• F)organization
• G)delegation
• H)matrix
• I)span of management
• J). controlling
• K)decentralization
• L)chain of command
• M)SWOT analysis
• N)contingency planning
• O). nonprogrammed decision
• P). autocratic leaders
• Q). human skills
• R). mission statement
• S). competitive differentiation
• T). empowerment

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Definitions:

Herfindahl Index

A measure of market concentration that squares the market share of each firm competing in the market and then sums the resulting numbers.

Market Shares

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales within that market.

Hypothetical Industries

Conceptual or theoretical sectors created for the purpose of analysis or discussion, not existing in the real economic landscape.

Tying Agreements

Contracts where the seller requires the buyer to purchase an additional, often related, product or service as a condition of buying the desired product.