Which of the Following Is Typically True in Organizations with Little

question 46

Multiple Choice

Which of the following is typically true in organizations with little height?

• A) They are more productive than tall organizations.
• B) Only a few people report to each manager.
• C) Employees have a lot of decision-making authority.
• D) They are not very flexible or responsive to customers.

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Definitions:

Pure Competition

A market structure characterized by an extremely large number of sellers and buyers where no single participant has the market power to influence product prices.

Oligopoly

A market structure characterized by a small number of firms controlling a large portion of the market share, often leading to limited competition.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not identical, leading to competition based on quality, price, and marketing.