Flat Organizational Structures Are Helpful for Organizations That Emphasize Customer

question 120

True/False

Flat organizational structures are helpful for organizations that emphasize customer satisfaction and have broadly defined jobs.

---

Definitions:

Output Mix

The combination or assortment of different products that a firm produces, reflecting the firm's strategy to meet various consumer demands or market segments.

Economic Growth

A growth in an economy's ability to generate goods and services over different time intervals.

Technology Used

Refers to the tools, machines, and techniques utilized to solve problems or improve conditions in various fields.

Equilibrium Price

Equilibrium price is the price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a balanced market.