In Contrast to Universal Approaches to Organization Design, Contingency Approaches

question 63

Multiple Choice

In contrast to universal approaches to organization design, contingency approaches

• A)are dependent on the skills of employees.
• B)have eliminated the debate about organizational strategy and structure.
• C)prescribe "one best way" to structure the organization.
• D)are less applicable to modern organizations.
• E)suggest that organizational outcomes can be achieved in several ways.

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Definitions:

Low-value Group

A classification for items or entities considered to have lesser worth or importance, typically due to lower quality or usefulness.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on various criteria.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the amount they actually receive.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.