The Classic Way to Coordinate the Work Efforts of Internal

question 82

Multiple Choice

The classic way to coordinate the work efforts of internal organization units is to:

• A) establish a corporate culture where teamwork is a core value and decisions are made by general consensus among team leaders in the affected work units.
• B) have closely related activities report to a single executive who has the authority and organizational clout to coordinate,integrate,and arrange for the cooperation of units under their supervision.
• C) have the heads of support activities report to the heads of primary,strategy-critical activities.
• D) establish monetary incentives that reward people for being cooperative team players.
• E) have frequent meetings among the heads of closely related activities and work units to establish mutually agreeable deadlines.

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Definitions:

Upsloping Supply

A supply curve that increases from left to right, indicating a direct relationship between price and quantity supplied.

Commodity X

A placeholder term for any marketable item produced to satisfy wants or needs, with emphasis on its uniformity and interchangeability with other commodities of the same type.

Demand Equation

A mathematical representation of the relationship between the quantity of a good or service demanded and various factors affecting it, typically including price and income.

New Equilibrium Price

The price at which the market demand equals the market supply after a shift in supply or demand has occurred, creating a new point of balance.