All of the Following Are Characteristics of a Highly Formalized

question 109

Multiple Choice

All of the following are characteristics of a highly formalized organization EXCEPT ________.

• A)explicit job descriptions
• B)little discretion for employees
• C)minimum number of rules
• D)a standardized way of doing things

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Definitions:

Significance Level

A statistical measure that quantifies the probability of rejecting the null hypothesis when it is in fact true, a critical component in hypothesis testing.

Retained

Often used in financial contexts to describe profits kept in a company rather than distributed to shareholders; can also refer to information or items kept or preserved.

Interaction Term

A variable in a statistical model that captures the effect of two or more variables acting together on a dependent variable.

First-order Model

A mathematical or statistical model that represents systems or processes using first-degree equations or relationships.