Fewer Employees, Business Process Reengineering, and the Ability of Lower-Level

question 43

Multiple Choice

Fewer employees, business process reengineering, and the ability of lower-level employees to perform higher-level jobs may result in __________.

• A) An increase in the number of special units
• B) Increased spans of control
• C) Centralization of authority
• D) Flatter organizational hierarchies

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Definitions:

Financial Section

A segment of a business plan or report that covers the financial explanations, projections, and the fiscal health of a company.

Business Concept

An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors.

Business Model Canvas

A strategic management template for developing new or documenting existing business models across nine key components: Key Partners, Key Activities, Key Resources, Value Propositions, Customer Relationships, Channels, Customer Segments, Cost Structure, and Revenue Streams.

One Page

A concise document or overview that typically summarizes a complex topic or plan on a single page for clarity.