According to Nutt and Backoff, Which of the Following Is

question 35

Multiple Choice

According to Nutt and Backoff, which of the following is a difference between overmanaged organizations and bold organizations?

• A) Overmanaged organizations have high acceptance of the need for change, whereas bold organizations have a low acceptance for the need for change.
• B) Overmanaged organizations are organic and liberated, whereas bold organizations are rule-bound and authoritarian.
• C) Overmanaged organizations have an unstable environment, whereas bold organizations have a highly stable environment.
• D) Overmanaged organizations have high resource availability, whereas bold organizations have limited availability of resources.

---

Definitions:

Elastic Demand

A situation in which the quantity demanded of a good or service significantly changes in response to a change in price.

Tax Revenue

The income that is gained by governments through taxation, which is then used to fund public services and goods.

Price Elastic

Refers to the sensitivity of the demand for a good or service to changes in its price; highly elastic demand means consumers will significantly alter their purchase amount with price changes.

Consumption

The use of goods and services by households. It is a primary component of an economy's demand side.