The Strategic Rollup Was Developed in the Mid-1990s as an Efficient

question 1

True/False

The strategic rollup was developed in the mid-1990s as an efficient way to quickly consolidate a fragmented industry with the resulting large firm creating economies of scale.

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Definitions:

Organizational Hierarchy

A system in which people or groups are ranked one above the other according to status or authority within an organization.

Flat Structures

An organizational design characterized by few hierarchical levels, promoting open communication and collaboration among employees.

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job function, forming a structure that outlines reporting relationships and work flow.

Span of Control

The number of subordinates directly managed by a supervisor or the extent of authority an individual manager has over a team.