_____ Is the Simplest Organization Structure and Is Characterized by Vertical

question 12

Multiple Choice

_____ is the simplest organization structure and is characterized by vertical links between the different levels of the organization.

• A) Line structure
• B) Project structure
• C) Team structure
• D) Virtual structure
• E) Line and staff structure

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Definitions:

Factor Prices

The market prices of the inputs used in production, such as labor, capital, and land.

Minimum Cost

The lowest possible expense that can be incurred in the production of a good or service without sacrificing the quality or quantity.

Cost of Producing

The total expense incurred in the manufacture or production of a good, including raw materials, labor, and overhead.

Metal Alloy

A substance composed of two or more metals or a metal and a non-metal, mixed together to attain desired physical or chemical properties.