Ricric Corporation Has Provided the Following Data for One of Its

question 36

Multiple Choice

Ricric Corporation has provided the following data for one of its products:

-What is the delivery cycle time for this operation?

• A) 7.7 days.
• B) 8 days.
• C) 9.3 days.
• D) 17 days.

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Definitions:

Decentralized

A type of organizational structure where decision-making authority is distributed throughout various levels rather than being concentrated at the top.

Flatter Organizational Structure

A type of organizational design with fewer levels of middle management to promote faster decision-making, increased flexibility, and more employee autonomy.

Formal Hierarchy

An organizational structure where individuals are ranked according to levels of authority and responsibility, often visually represented as a pyramid.

External Environment

The outside factors and influences that affect the operation and performance of an organization.