Identify a True Statement About a Bureaucracy

question 37

Multiple Choice

Identify a true statement about a bureaucracy.

• A)In a bureaucracy, the power to act resides in the person rather than in the position.
• B)In a bureaucracy, people are hired to work in different branches irrespective of their area of expertise.
• C)A bureaucracy does not have a reporting structure.
• D)The concept of a bureaucracy is not confined to the federal government.
• E)Large organizations do not have a bureaucracy.

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Definitions:

Price-Fixing

An agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold, preventing market competition.

Tying Contracts

Agreements where the sale of one product (the tying product) is linked to the purchase of another (the tied product), often scrutinized under antitrust laws.

Horizontal Mergers

Mergers between companies that operate in the same industry, often leading to consolidation and increased market power.

Social Regulation

Policies intended to protect public welfare, including health standards, workplace safety, and environmental protection, often through government intervention.