Which of the Following Is Based on the Idea That

question 30

Multiple Choice

Which of the following is based on the idea that the organization can glide smoothly between a highly formalized, hierarchical structure that is effective during times of stability and a more flexible, loosely structured hierarchy when needed to respond well to unexpected and demanding environmental conditions?

• A) decentralization
• B) incident command system
• C) clan control
• D) formalization

---

Definitions:

Consumption

The use of goods and services by households, contributing to their wellbeing and the overall economy.

MRS

Marginal Rate of Substitution, the rate at which a consumer is ready to exchange quantities of one good for another good while maintaining the same level of utility.

MRT

MRT, or Marginal Rate of Technical Substitution, measures the rate at which one input can be reduced per additional unit of another input, keeping output constant.

Excess Demand

Occurs when the quantity demanded of a good or service at a particular price exceeds the quantity supplied, leading to upward pressure on prices.