Match the Options Below with the Correct Phrases

question 138

Multiple Choice

Match the options below with the correct phrases:
-organizational life cycle

• A)a closed, rigid, formal, and centralized structure of organization
• B)the creation of or change to an organization
• C)unit production technology
• D)an organizational design that simultaneously uses functional and divisional elements
• E)an organizational design grouping departments by products, geography, or customers
• F)an organizational design that consolidates separate functions into a focused group
• G)the overall "expertise" used to transform inputs into outputs within organizations
• H)the technology used to manufacture a large volume of standardized products
• I)an open, flexible, free-flowing, and decentralized structure of organization
• J)a technology using mechanical and chemical processes that excludes employees
• K)an organizational design that relies heavily on external contract services for critical functions
• L)the evolution of an organization
• M)an organizational structure comprised of sales, marketing, production, shipping, and other departments
• N)revolutionizing assembly lines
• O)the primary characteristic of organic organizations
• P)same as mass production technology

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Definitions:

Substitutes

Products or services that can be used in place of each other; an increase in the price of one leads to an increase in demand for the other.

Available

Referring to resources or goods that are obtainable and can be utilized.

Perfectly Price Elastic

This refers to a situation where the demand for a product or service changes infinitely with a very small change in price.

Supply Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity supplied by producers.