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Refer to the Scenario Below to Answer the Following Questions

question 99

Multiple Choice

Refer to the scenario below to answer the following questions.
Restructuring at Prairie Farm Equipment (Scenario)
Jim Johnson is the CEO of Prairie Farm Equipment Corp, a major Canadian manufacturer. Prairie has been in business for more than 100 years and has been very profitable. Today, the company has a tall structure with formalized communication channels and rigid hierarchical relationships. All major decisions are made by Mr. Johnson. This arrangement has worked well until recently, when the company began to encounter some major global competition. Foreign companies have begun to export new, lower-priced products into the Canadian market. At the same time, foreign markets appear to be opening their doors to more Canadian products. A few days ago, one of the vice-presidents presented some exciting news about a major market opportunity overseas. Several managers were now working on an international expansion proposal to be presented at the next board meeting. As the company's strategy was beginning to change, Mr. Johnson realized that its structure would also need to change. But change how? The company was very large and used routine technology to produce its products. What should he do?
-The increasingly competitive and dynamic nature of the business suggests that Prairie needs to adopt a more __________ structure.

Definitions:

Low Voltage

Pertains to electrical signals or supplies characterized by a relatively small electric potential difference.

High Frequency

Refers to waves or signals with a very fast oscillation rate, often used in various technological and communication applications.

Lateral Hypothalamus

A region of the brain involved in regulating hunger and thirst; sometimes referred to as the "hunger center."

Lesioning

The process of causing damage to body tissue, intentionally for therapeutic reasons or as a result of injury or disease.