Which of the Following Fields Are Most Attractive to Small

question 40

Multiple Choice

Which of the following fields are most attractive to small businesses?

• A) Wholesaling,retailing,medical,and services
• B) Retailing,distribution,education,and services
• C) Retailing and wholesaling,services,manufacturing,and high technology
• D) Wholesaling,services,education,and high technology
• E) Services,distribution,medical,and high technology

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Definitions:

Bureaucratic Control

A system of managing an organization through a standard set of rules and procedures designed to ensure consistency and efficiency.

Input Control

The process of monitoring and managing the quality, quantity, and timeliness of resources that are input into a production or operating system.

Operational Routines

Refers to the established methods and procedures businesses use to carry out their daily operations efficiently.

Matrix Structure

An organizational design that combines two or more reporting structures, usually functional and project-based, for improved flexibility and responsiveness.