Leaders in an Organization with a Hierarchy Culture Tend to Focus

question 55

Multiple Choice

Leaders in an organization with a hierarchy culture tend to focus on ________.

• A)informal work practices
• B)relationships with all stakeholders in the market
• C)decentralization and increasing cohesion among members
• D)coordination and organization
• E)innovation and commitment to cost containment

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Definitions:

Benevolence

the inclination to perform kind, charitable acts towards others without expecting anything in return.

Circular-Flow Diagram

A visual model of the economy showing the interactions between households and businesses through the markets for products and resources.

Firms

Business organizations that use resources to produce goods or services for profit.

Goods and Services

Refers to tangible products and intangible activities that fulfill the needs or wants of consumers.