Which of the Following Is Uncharacteristic of a Mechanistic Structure

question 27

Multiple Choice

Which of the following is uncharacteristic of a mechanistic structure?

• A)extensive departmentalization
• B)high formalization
• C)limited information network
• D)flexibility
• E)little participation

Recognize the role of information asymmetry in economic transactions.

Understand the use of deductibles, co-pays, and premiums in insurance to manage risk.

Appreciate the significance of signaling and screening in reducing information asymmetry.

Understand the principles behind the design of insurance policies to minimize adverse outcomes.

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Definitions:

Cultural Competency

The ability to understand, appreciate, and interact effectively with people from different cultures.

Microaggressions

The everyday, subtle, intentional — and oftentimes unintentional — interactions or behaviors that communicate some sort of bias against historically marginalized groups.

Implicit Biases

Unconscious attitudes or stereotypes that influence an individual’s understanding, actions, and decisions in an unconscious manner.

Racial Attitudes

The beliefs, feelings, and predispositions that individuals have towards people of different racial backgrounds.