Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. The company rules are clearly specified in the handbook, and Peter also believes in close supervision of all employees. Happy Burger is a(n) ________ organization.
a. informal
b. non-hierarchical
c. mechanistic
d. organic
e. decentralized
c. mechanistic
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NF Toy Company is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $24 and NF Toy would sell it for $52. The cost to assemble the product is estimated at $17 per unit and the company believes the market would support a price of $68 on the assembled unit. What decision should NF Toy make?
a) Sell before assembly, the company will be better off by $16 per unit. b) Process further, the company will be better off by $23 per unit. c) Sell before assembly, the company will be better off by $1 per unit. d) Process further, the company will be better off by $11 per unit.
The ________ process is analogous to gambling devices
A) Simulation B) Monte Carlo C) Monaco D) none of the above