What Did Quest Star Do,structurally,to Help It Become More Competitive

question 25

Multiple Choice

What did Quest Star do,structurally,to help it become more competitive with Japanese firms?

• A) It increased the number of management layers
• B) It flattened its layers of management
• C) It reduced the emphasis on teams in the organization
• D) It decided that its employees could not be trusted to make decisions
• E) It increased managers' authority

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Definitions:

Production Possibilities Curves

A graphical representation showing the maximum quantity of goods and services that can be produced within an economy, given fixed resources and technology, when those resources are fully and efficiently utilized.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision or choice.

Specialization

Focus on a particular area of study or work, leading to increased efficiency and expertise in that domain.

Higher Total Output

Indicates an increased overall level of production or sum of goods and services produced within an economy.