Simple Structures Usually Rely on Which of the Following to Coordinate

question 97

Multiple Choice

Simple structures usually rely on which of the following to coordinate work activities?

• A)Direct supervision
• B)Standardization through formal instructions
• C)Formal training (standardizing skills)
• D)Standardization of product or service outputs
• E)None; simple structures are so-called because they have no coordinating mechanism

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Definitions:

Quantity Tax

A tax levied on the quantity of goods sold, not on the value of sales.

Supply Schedule

A table or graph showing the quantity of a good that producers are willing and able to supply at different prices.

Tax Rate

The rate at which taxes are levied on an individual or a company's income.

Supply Elasticity

A measure of how much the quantity supplied of a good responds to a change in price, indicating the good's price sensitivity on the supply side.