Scenario: in 2000, World GDP Per Capita Was $5,500

question 96

Multiple Choice

Scenario: In 2000, world GDP per capita was $5,500. In 2010, world GDP per capita was $9,500.
-Refer to the scenario above.What was the world average annual growth rate from 2000 to 2010?

• A) 5.6 percent
• B) 6.0 percent
• C) 6.3 percent
• D) 7.3 percent

---

Definitions:

Hierarchy Culture

An organizational culture that emphasizes a clearly defined structure, control, and authority, where decisions are often made at the top levels.

Formal Chain

A structured sequence of command or a hierarchy within an organization, where communication and decisions flow through a pre-defined path.

Efficiency

The ability to accomplish a task or objective with the minimal expenditure of time and resources.

Competing Values Framework

A model that categorizes organizational cultures into four distinct types based on two dimensions: focus (internal vs. external) and structure (flexibility vs. stability).