Organizational Design Is Concerned with an Organization Developing

question 36

Multiple Choice

Organizational design is concerned with an organization developing

• A) the best structures of costs and efficiency that an organization uses to meet goals.
• B) optimal structures of accountability and responsibility to execute its strategies.
• C) important decisions that are suggested by employees.
• D) new MBO goals.
• E) the most favorable methods of accomplishing both the diversity and synergy plans.

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Definitions:

Efficiency Improvement

The process of optimizing operations to increase output, enhance quality, or reduce costs without compromising the end product or service.

Merger

The complete absorption of one company by another, where the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity.

Leveraged Buyouts

The acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition.