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Refer to the scenario below to answer the following questions.
Metro General Hospital (Scenario)
Joyce is the chief administrator in charge of a department at Metro General Hospital. When she worked as a registered nurse at a smaller community hospital, Joyce enjoyed the flexible structure, minimal rules, and team approach to decision making by nurses, administrators, and doctors. However, the situation at Metro is different. Metro has a tall, rigid structure with many rules and procedures designed to standardize jobs and guide employee behaviour. One such rule requires that all decisions in Joyce's department must be signed off by her alone) As a result, Joyce seems to spend most of her time filling out forms and signing documents. She also feels that the numerous levels of hierarchy are unnecessary and place barriers between herself and her staff. Joyce is not exactly sure why things have to be so "organized" and is planning to talk to her boss about making some changes to increase flexibility and reduce the number of rules and procedures.
-Joyce wants to convince her boss to adopt a more decentralized structure. Which of the following factors will support her argument?
Competition
The rivalry between businesses or suppliers in the same market, aiming to achieve higher sales, greater market share, or other objectives.
High-Value
Referring to objects, services, or properties that possess a considerable worth or quality.
Expected Value
A calculation used in statistics and gambling to determine the average outcome of a series of random events, taking into account all possible scenarios and their probabilities.
Low-Value
Describes products, services, or assets that are considered to have a minimal worth or importance in comparison to others.
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