In An) _____ Organization, Top Managers Make All the Decisions

question 92

Multiple Choice

In an) _____ organization, top managers make all the decisions and pass them down to lower levels for implementation.

• A) informal
• B) centralized
• C) organic
• D) flat
• E) horizontal

Understand the concept of movement along versus shifts in the demand curve.

Identify the effects of complementary and substitute goods on demand.

Recognize how a change in the number of consumers affects market demand.

Understand how changes in consumer income affect demand for goods.

---

Definitions:

Status Cues

Indicators or signals used to infer or display one's social status or rank within a group.

Racial Profiling

The discriminatory practice of targeting individuals for suspicion of crime based on the individual's race, ethnicity, religion, or national origin.

Stereotypes

Overgeneralized beliefs about a particular group of people that often lead to misjudgment and discrimination.

Stewardesses

Historically refers to women who attend to passengers on an aircraft; now commonly known as flight attendants.