An Organization Pursuing A(n) ________ Tightly Controls Costs, Refrains from Incurring

question 95

Multiple Choice

An organization pursuing a(n) ________ tightly controls costs, refrains from incurring unnecessary expenses, and cuts prices in selling a basic product.

• A) simple structure
• B) imitation strategy
• C) innovation strategy
• D) cost-minimization strategy
• E) matrix structure

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Definitions:

Rounded Corners

Corners that are shaped into a smooth, rounded angle to improve appearance, handling, or safety.

Malleable Iron

A type of cast iron that has been treated to improve its ductility and toughness, making it less brittle and more capable of being shaped or bent without breaking.

Abbreviation

A condensed version of a word or phrase.

Pattern

A repeated decorative design or a model used as a guide in manufacturing processes to replicate part shapes.