You Assign Your Students a Project That Involves Developing a Business

question 66

Multiple Choice

You assign your students a project that involves developing a business plan for a retail chain. The retail chain will have 1000 employees and will serve customers both locally and internationally via a storefront and an Internet catalogue. Which of the following organizational designs is least likely to be suitable for this retail store?

• A) matrix
• B) virtual
• C) bureaucracy
• D) team
• E) simple

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Definitions:

In-Group Members

Individuals who are part of a closely connected group, typically characterized by shared interests, values, or identities within a larger organization or society.

Leader-Member Exchanges

A theory focusing on the two-way (dyadic) relationships between leaders and their followers, emphasizing the mutual benefits derived from high-quality interactions.

Acquaintance Phase

The initial stage in the formation of a relationship or team, where members get to know each other and understand their roles.

Self-Interests

The personal gain or benefit that an individual seeks in making decisions or taking actions, often considered in contrast to the common good.