The Text Speaks of "Opposing Trends" in Today's World of Formal

question 110

Multiple Choice

The text speaks of "opposing trends" in today's world of formal organizations because:

• A) some organizations are getting bigger, but most are getting smaller.
• B) men dominate formal organizations, but women are gaining fast.
• C) some organizations have evolved toward flatter, more flexible forms, but others remain rigid organizations patterned on McDonald's.
• D) All of the above are correct.

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Definitions:

Potential Level

An economic term referring to the highest level of output an economy can achieve when utilizing all its resources efficiently without triggering inflation.

Stock of Capital

The total value of all durable goods and assets held by an individual, company, or economy that can be used in the production of goods and services.

Expected Price Level

The anticipated average level of prices in the economy, usually considered in terms of inflation or deflation expectations.

Capital Stock

The total amount of physical, human, and intangible assets that a firm uses to generate income, often referred to in the context of fixed capital like machinery and buildings.