Which of the Following Statements Is False

question 23

Multiple Choice

Which of the following statements is false?

• A) Cost-reduction synergies are hard to predict and achieve.
• B) Because the CEOs of small firms receive information so quickly, small firms are often able to react in timely way to changes in the economic environment.
• C) Synergies usually fall into two categories: cost reductions and revenue enhancements.
• D) There may also be costs associated with size.

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Definitions:

Procedural Flexibility

The ability to adapt the processes and rules of an organization or system to accommodate different situations or requirements.

Continuous Process Improvement

An ongoing effort to enhance products, services, or processes by making incremental improvements over time.

Corporate Culture

The shared values, beliefs, and practices that characterize an organization and influence its employees' behavior and attitudes.

Job Control Unionism

A labor movement strategy focusing on gaining control over work conditions, job distribution, and employment terms through collective bargaining.