All of the Following Factors Indicate That a Decentralised Organisation

question 67

Multiple Choice

All of the following factors indicate that a decentralised organisation would be most effective EXCEPT when ________.

• A)the environment is complex
• B)decisions are relatively minor
• C)the organisation is facing a crisis
• D)the company is geographically dispersed
• E)effective implementation of strategies depends on managers having involvement and flexibility to make decisions

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Definitions:

Price Ceiling

A government-imposed limit on how high a price is charged for a product, service, or commodity, intended to protect consumers from high prices.

Persistent Shortage

A situation where the demand for a good or service consistently exceeds its supply, over a significant period of time.

Deadweight Loss

The loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.

Rent Control

A government policy or law that sets a maximum price landlords can charge for rent.