Which of the Following Approaches to Organization Design Says That

question 116

Multiple Choice

Which of the following approaches to organization design says that, organizations tend to be more effective when they are structured to fit the demands of the situation?

• A)Classical approach
• B)Boundaryless approach
• C)Configurational approach
• D)Contingency approach
• E)Traditional approach

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Definitions:

Standard Cost

A predetermined cost of manufacturing a product or providing a service, used for budgetary and inventory purposes.

Price Variance

The difference between the standard cost of a product or service and its actual cost, used in budgeting and financial analysis.

Quantity Variance

A measure used in budgeting and accounting to compare the actual quantity of materials or products used to the expected amount under standard costing.

Cost Variance

The difference between the expected cost of a project or production and the actual cost.