One of the Reasons So Many Internet Companies Fail Is

question 179

Multiple Choice

One of the reasons so many Internet companies fail is due to a lack of standardized operating procedures.The companies' managements are afraid of stifling their creative employees by using a rigid structure with lots of rules and regulations.Instead employees are given few rules and allowed to use their own judgment when making decisions.What type of organization design would you find in most of these companies?

• A) Mechanistic
• B) Autocratic
• C) Bureaucratic
• D) Organic
• E) Formalized

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Definitions:

Money Expansion Process

The increase in the total amount of money in circulation or in the money supply, facilitated by mechanisms such as lower interest rates or quantitative easing.

Demand Deposits

Bank account balances that can be accessed and withdrawn by the depositor at any time without advance notice.

Money Supply

The complete value of all money resources in an economy during a particular time frame.

Checking Account

A bank account that allows easy access to funds, typically through checks and electronic debits, for everyday transactions.