With Reference to Organizational Designs, the ________ Structure Is Most

question 80

Multiple Choice

With reference to organizational designs, the ________ structure is most widely practiced in small businesses in which the manager and owner are one and the same.

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

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Definitions:

Variable Cost

A cost that varies in direct proportion to changes in the level of production or sales volume, such as materials and labor used in production.

Idle Capacity

Resources available for use that are not currently being utilized in the production process.

Minimum Acceptable Price

The lowest price at which a seller agrees to sell a product or service, often determined by costs or market conditions.

Excess Capacity

The additional production capability that a business can utilize without incurring additional fixed costs, often seen as an opportunity for growth.