Which of the Following Statements Is True of Standardization

question 34

Multiple Choice

Which of the following statements is true of standardization?

• A) It can ensure that activities within the firm run smoothly and yield predictable outcomes.
• B) It is defined as the degree to which the firm utilizes rules, procedures, and written documentation to structure the behavior of employees.
• C) It involves the use of organic structures, instead of mechanistic ones.
• D) It encourages the creativity and experimentation that leads to innovative ideas.

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Definitions:

Infant Industries

Industries in their early stage of development, which may be protected by the government from international competition to allow them to grow.

Public Choice Theory

A framework analyzing the decision-making processes within political and public institutions, focusing on the roles of incentives and individual behaviors.

Trade Restrictions

Policies or regulations imposed by governments to limit or control international trade activities, often to protect domestic industries.