The Features of the M-Form of Firm Organization Are

question 25

Multiple Choice

The features of the M-Form of firm organization are

• A)divisions have difficulty responding to market changes
• B)it is easier to maintain customer relationships
• C)coordination across divisions is simple and does not take much management time
• D)evaluating employees is easier because managers typically are similarly trained

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Definitions:

Behavioral Insights Team

A group or organization that applies psychological insights into human behavior to improve public policy, services, and outcomes.

Nudging

A concept in behavioral economics wherein indirect suggestions and positive reinforcements influence behaviors and decision-making.

Behavioral Economics

A subset of economics that analyzes how psychological, social, cognitive, and emotional factors influence economic decisions of individuals and institutions.

Neoclassical Economists

Economists specializing in examining the allocation of goods, outputs, and how income is distributed within markets, driven by the dynamics of supply and demand.