Advantages to Organizing Economic Activity Within the Firm ("Make")include All

question 110

Multiple Choice

Advantages to organizing economic activity within the firm ("make") include all of the following EXCEPT:

• A) The coordination of highly complex tasks.
• B) The principal-agent problem.
• C) Creating an internal community of knowledge.
• D) The ability to make command-and-control decisions.

---

Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Structural Change

Major shifts or alterations in the organizational, economic, or social framework of an entity or society.

Distrust

The lack of confidence in the reliability, truth, or capability of someone or something, leading to skepticism and suspicion.

Logical Incrementalism

A strategic management approach that involves making decisions step-by-step based on logic and data, rather than through comprehensive planning or radical changes.