A significant disadvantage with the use of rationalized retailing is the _____
a. high operating costs associated with standardization
b. poor possible fit with local tastes
c. loss of quantity discounts through volume purchasing
d. need for more personnel due to decentralized decisions
b
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The effective-interest method of amortization of bond premiums and discounts is considered superior to the straight-line method because it results in a(n)
a. interest rate that is close to the market interest rate. b. uniform rate of interest. c. more variable interest rate. d. interest rate that increases or decreases slightly over time.
The __________ is characterized by a low degree of departmentalization, wide spans of control, authority centralized in a single person, and little formalization
A) simple structure B) bureaucracy C) matrix organization D) team structure