Authority Is More Likely to Be Exercised Effectively in an Organization

question 108

True/False

Authority is more likely to be exercised effectively in an organization when positions are not arranged hierarchically.

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Definitions:

Porter's Generic Strategies

Framework proposed by Michael Porter that outlines three strategic options available to organizations to gain competitive advantage: cost leadership, differentiation, and focus.

Total Quality Management

A comprehensive management approach focusing on continuous improvement of processes, products, and services by involving all employees to enhance customer satisfaction.

Business Ecosystems

A dynamic network of interconnected organizations, including suppliers, distributors, customers, and even competitors, that co-evolve and create value through collaboration and competition.

Synergies

The collaboration or concurrence of two or more entities, materials, or factors that leads to a cumulative result surpassing the total of their distinct effects.