You Are Interested in Explaining the Different Types of Organizational

question 54

Multiple Choice

You are interested in explaining the different types of organizational designs to students of basic management. These students need to know the advantages and disadvantages of each structure as well as the structure's characteristics.
-You extol the virtues and benefits of standardization. You are most likely to be promoting the ________.

• A) matrix structure
• B) virtual organization
• C) bureaucracy
• D) boundaryless structure
• E) simple structure

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Definitions:

Complex Streams

Involves the management and processing of multifaceted data flows that can include a mix of structured, semi-structured, and unstructured data.

Perceptual and Behavioral Decision Traps

Cognitive biases or errors in judgment that can lead individuals to make irrational decisions.

Satisficing

A decision-making strategy that entails selecting the first option that meets a minimum threshold of acceptability, rather than searching for the optimal solution.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.