Claire Is the Owner and Chef at Vanilla and Sugar

question 71

Multiple Choice

Claire is the owner and chef at Vanilla and Sugar, a cafe that also offers a range of baked products. Claire employs two people who help her with various tasks at the cafe. At Vanilla and Sugar, tasks tend to be distributed among the two employees in an informal manner rather than each person developing a narrow area of specialization. Vanilla and Sugar is most likely to have a _____ structure.

• A) simple
• B) functional
• C) multidivisional
• D) matrix
• E) bureaucratic

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Definitions:

Deadweight Loss

The decline in economic productivity that happens when a good or service does not reach or cannot reach its equilibrium.

Tax

A required monetary fee or different kind of tax levied on a taxpayer by a government entity to finance government operations and a range of public expenses.

Buyers

Consumers or organizations that acquire products or services for direct use or ownership.

Sellers

Individuals or entities that offer goods or services for sale in a market.