Which Organization Is Likely to Have an Extremely Mechanistic Structure

question 67

Multiple Choice

Which organization is likely to have an extremely mechanistic structure?

• A)One that employs extensive advanced technology
• B)One that fabricates large equipment in stages
• C)A mass production firm in a very certain environment
• D)One of Lawrence and Lorch's successful plastic firms
• E)One that uses unit or process production in an uncertain environment

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Definitions:

Front-end Load

A fee or commission charged to an investor at the time of initial purchase of an investment, such as a mutual fund or insurance product, usually a percentage of the investment amount.

Expense Ratio

The annual fee that mutual funds, ETFs, and other managed portfolios charge their shareholders, expressed as a percentage of assets under management.

Mutual Fund

A pooled investment fund that gathers resources from several investors to place into various investment options such as stocks, bonds, and money market instruments.

Front-end Load

A fee paid by an investor at the time of entering a fund, such as a mutual fund, which is typically used to cover the fund's sales and marketing costs.