Malita's Company Has Evolved from a Line Structure to a Line-And-Staff

question 190

Multiple Choice

Malita's company has evolved from a line structure to a line-and-staff structure.The production department would be classified as ________.

• A)staff
• B)matrix
• C)decentralized
• D)line

Understand the role of motivation, goal setting, and empowerment in leadership.

Identify the challenges and constraints faced by leaders at different organizational levels.

Assess the role of ethics and personal integrity in effective leadership.

Understand the performance and growth advantages of family-influenced companies over nonfamily businesses.

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Definitions:

Income Elasticity

The percentage change in the quantity of a product demanded divided by the percentage change in consumer income that caused the change in quantity demanded. It measures the responsiveness of the demand for a good to a consumer’s change in income.

Perfectly Elastic

Describes a situation where the quantity demanded or supplied reacts extremely to a small change in price, indicating infinite responsiveness.

Demand Curve

A graph representing the relationship between the price of a good or service and the quantity demanded by consumers at those prices.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price, indicating the sensitivity of consumers to price changes.