One of the Problems with Many of the Dot-Com Companies

question 36

Multiple Choice

One of the problems with many of the dot-com companies that failed in the mid-1990s was a lower and middle management adherence to innovation and an expectation that work would be fun while top management envisioned the company being profitable and the elimination of unnecessary expenses. These companies lacked ____ in their organizational cultures.

• A)empathy
• B)formalization
• C)consistency
• D)broad spans of management
• E)responsiveness

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Definitions:

Flow Chart

A diagram that represents a process, system, or computer algorithm, often using various symbols to denote different operations or steps.

Team Project

A collaborative effort in which a group of individuals work together towards a common goal, leveraging diverse skills and perspectives to achieve project objectives.

Project Life Cycle

The stages through which a project goes from initiation to completion, typically including initiation, planning, execution, monitoring/control, and closure.

Scheduling Tool

Software or methodologies used for planning and organizing work and tasks within a given timeframe, ensuring efficiency and time management.