Simple Structure Usually Relies on Which of the Following to Coordinate

question 170

Multiple Choice

Simple structure usually relies on which of the following to coordinate work activities?

• A)Formal training (standardizing skills)
• B)Direct supervision
• C)Standardization of product or service outputs
• D)Standardization through formal instructions
• E)None; simple structures are so-called because they have no coordinating mechanism

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Definitions:

Books

Bound printed works consisting of written or illustrated pages, typically used for reading or study.

Weak Axiom

A concept in consumer theory that assumes if a consumer prefers a bundle A over bundle B when prices are unchanged, they will not prefer B over A if the price of A decreases and B remains the same or increases.

Revealed Preference

An economic theory that assumes consumers' preferences can be revealed by their purchasing habits.

Prices

The sum of money needed to buy a product, service, or property.