A(n)_____ Performs Well in Environments That Demand Flexibility in Dealing

question 10

Multiple Choice

A(n) _____ performs well in environments that demand flexibility in dealing with changing conditions.

• A) authoritative structure
• B) centralized system
• C) mechanistic design
• D) adaptive organization
• E) bureaucratic structure

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Definitions:

Division of Labor

The separation of the work required to produce a product into a number of different tasks that are performed by different workers; specialization of workers.

Command Systems

Economic systems where production, investment, prices, and incomes are determined centrally by a government.

Pure Capitalism

An economic system characterized by private ownership of the means of production, minimal government intervention, and the free market determining prices and distribution of goods.

Communism

A political and economic ideology advocating for a classless society in which the means of production are owned collectively.