In Firefighting and Rescue Squads and Global Software Design Teams

question 21

Multiple Choice

In firefighting and rescue squads and global software design teams, a(n) _____ structure is most closely associated with higher performance.

• A)hierarchical
• B)pyramidal
• C)egalitarian
• D)layered

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Definitions:

Marginal Productivity Theory

An economic theory suggesting that the addition of a unit of labor or capital within the production process will increase the output by the amount of the marginal product.

MP L

Marginal Product of Labor; the additional output resulting from employing one more unit of labor, holding other inputs constant.

MP C

Marginal Propensity to Consume, which is the fraction of additional income that a household spends on consumption.

Production Costs

Expenses associated with the creation of a product or service, including raw materials, labor, and overhead costs.