The Managers in the Large Organization That Josh Works for Have

question 133

Multiple Choice

The managers in the large organization that Josh works for have all employees fill out so many forms and run them around for signatures to all managers that Josh and his co-workers have little time left each day to serve clients' needs as they were hired to do.What criticism against bureaucracies is relevant in this case?

• A) bureaucratic ritualism
• B) bureaucratic inertia
• C) oligarchy
• D) dehumanization

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Definitions:

Electronic Networks

Systems or platforms that facilitate the trading of financial instruments, such as stocks and currencies, digitally and without a physical trading floor.

Trading Pits

Physical locations on the floor of some exchanges where traders use open outcry and hand signals to buy and sell commodities or financial instruments.

Futures Contracts

Standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Spot Price

The present selling price of a specific asset, such as a commodity, currency, or security, available for instant purchase or sale.