The Design of Organizational Structure Needs to Match the Firm's

question 28

Multiple Choice

The design of organizational structure needs to match the firm's strategy.Which of the following shows mismatch?

• A)Costco with a competitive advantage of low cost tries to minimize the number of employees by assigning decisions to a few people at corporate headquarters
• B)Walmart targeting price-sensitive customers centralizes organization structures
• C)Retailers targeting high-fashion clothing customers have more managers
• D)Best Buy built a competitive advantage based on low cost by allowing decision-making at the local store level
• E)High-fashion clothing retailers tailor their merchandise and service to meet the needs of local markets

Perform calculations for loan payments and interest under different terms and rates.

Understand the effects of inflation on investment withdrawals and calculate real withdrawal amounts.

Understand the relationship between human capital and productivity.

Calculate labor productivity and understand its implications in economic contexts.

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Definitions:

General Tests

Specific criteria or standards applied to determine eligibility for tax benefits or to classify income and deductions.

Single Taxpayer

A filing status for unmarried individuals that determines the tax rate and deductions they are eligible for on their income tax return.

Taxable Income

The portion of an individual's or company's income used to determine how much tax is owed to the government.

Qualifying Child

A Qualifying Child is a dependent of a taxpayer who meets specific IRS criteria, making the taxpayer eligible for certain tax benefits.