Organic Structures

question 63

Multiple Choice

Organic structures

• A)are related to lower job satisfaction.
• B)have formal communication channels.
• C)maximize efficiency and minimize costs.
• D)are conducive to entrepreneurial activity and general innovativeness.

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Definitions:

Frictional Unemployment

Short-term unemployment occurring when people are between jobs or entering the workforce for the first time.

Ph.D.

A Doctor of Philosophy degree, a postgraduate academic degree awarded by universities.

Economics

The discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to fulfill their endless desires.

Labor Force Participation Rate

The percentage of the working-age population that is part of the labor force, including both employed and unemployed individuals actively seeking employment.