An Organization with Only a Few Layers of Management Is

question 248

Multiple Choice

An organization with only a few layers of management is known as a(n)

• A) tall organization.
• B) flat organization.
• C) leveraged organization.
• D) coordinated organization.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market equilibrium price.

Subsidies

Financial support extended by the government to stimulate an industry or reduce the prices of goods and services for consumers.

MBA Degree

A Master of Business Administration degree, a graduate-level education that focuses on the theoretical and practical aspects of business and management.

Externalities

Economic side effects or by-products that affect uninvolved third parties; can be negative (like pollution) or positive (like education benefits), and are not reflected in market prices.