A Formal Structure Has the Disadvantages of Being Very Expensive

question 134

True/False

A formal structure has the disadvantages of being very expensive, losing unity of command, causing overlapping managerial authority and responsibilities, and being difficult to explain to employees.

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Definitions:

Alibaba Group

A Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology.

Innovation

The process of creating new ideas, products, or methods, often leading to significant progress or change.

Uncertainty

The lack of surety or predictability in events, conditions, or outcomes.

Market-Creating Innovations

Products or ideas that meet the needs of a group of potential consumers whose needs have not been met before.