Which of the Following Is True of an Organization That

question 99

Multiple Choice

Which of the following is true of an organization that follows the mechanistic approach?

• A)The jobs are complex and meaningful.
• B)The job design is such that only highly skilled workers can work on the tasks.
• C)The job design makes the organization dependent on individual workers.
• D)Individual workers are viewed as irreplaceable.
• E)New employees can be quickly and inexpensively trained for the job.

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefit to society from a market transaction.

Equilibrium Price

A market condition where supply meets demand, and there is no inclination for price to change, leading to market balance.

Mutually Beneficial Trades

Exchanges that occur when all parties involved gain benefits or profits from the transaction.