Which of the Following Is a Characteristic of the Bureaucratic

question 36

Multiple Choice

Which of the following is a characteristic of the bureaucratic school structure?

• A) There are few formalized rules and procedures.
• B) Rationality governs the operations of the organization.
• C) Schools employ a flat organizational structure.
• D) Formalized relationships are downplayed in favor of personal relationships.

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Definitions:

Pooling Equilibrium

A situation in a signaling game where different types cannot be distinguished by the actions they take, leading everyone to pool together and behave identically.

Low-productivity Workers

Employees who generate less output per unit of input compared to others, often leading to less efficiency within an organization.

Moral Hazard

The situation where one party is more likely to take risks because another party bears the cost of those risks.

Adverse Selection

A situation where asymmetric information results in high-risk individuals being more likely to participate in a contract or agreement, potentially leading to market inefficiency.