Scale Economies Are Efficiencies That Result from Flattening the Hierarchy

question 85

True/False

Scale economies are efficiencies that result from flattening the hierarchy of an organization.

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Definitions:

Greater Flexibility

The ability of an organization or individual to adapt to changes, innovate, and customize responses to meet varying needs.

Selection Choices

The range of methods and tools employers use to choose the most suitable candidates for positions from a group of applicants.

Qualified Applicants

Individuals who meet all the necessary criteria and possess the required skills and qualifications for a particular job opening.

Recruiting Process

The series of steps and activities undertaken by an organization to attract, select, and hire new employees.