Technical Innovation Is Facilitated by A(n) ____ Process and A(n)

question 18

Multiple Choice

Technical innovation is facilitated by a(n) ____ process and a(n) ____ structure, while administrative change best occurs as a result of a(n) ____ process and a(n) ____ structure.

• A) top-down; organic; bottom-up; mechanistic
• B) bottom-up; organic; top-down;mechanistic
• C) strategic; mechanistic; tactical; organic
• D) ambidextrous; product; OD intervention; functional

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Definitions:

Private Goods

Goods that are rivalrous and excludable, meaning consumption by one person diminishes availability for others, and access can be restricted.

Inelastic Demand

A market situation where the demand for a product does not change significantly with a change in price.

Pareto Efficient

A condition of resource allocation in which making one person better off necessitates making another person worse off.

Net Benefit

The total benefits of a decision or action, subtracting any associated costs, reflecting the overall value or payoff.