Antonio's Business Has Grown and the Number of Functions and Divisions

question 92

Essay

Antonio's business has grown and the number of functions and divisions have increased.Antonio is concerned that his organization is becoming too tall and that he has employed too many managers.Antonio is considering several options for reducing the number of managers.What would you recommend, and why?

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Definitions:

Opportunity Cost

The value of the best alternative forgone when a decision is made to choose one option over others.

Attainable Combination

An attainable combination is a set of goods or services that can be produced or provided with the available resources and technology, without overextending production capabilities.

Economy Will Produce

The total amount of goods and services that an economy is capable of producing at a given time and level of resources.

Efficient Combination

The optimal use or allocation of resources to achieve the best possible outcome or production level.