You extol the virtues and benefits of standardization. You are most likely to be promoting the ________

A) matrix structure
B) virtual organization
C) bureaucracy
D) boundaryless structure
E) simple structure

C
Explanation: C) Standardization is the key concept that underlies all bureaucracies. The bureaucracy is characterized by highly routine operating tasks achieved through specialization, very formalized rules and regulations, tasks grouped into functional departments, centralized authority, narrow spans of control, and decision making that follows the chain of command.

Business

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Yong Nam, CEO of LG, recently stipulated that English would be required throughout the company. His reasons for this action included all of the following statements except:

A) the need to have seamless communication. B) not to depend on a small group of people. C) impede information sharing. D) facilitate decision making. E) utilizing everybody's wisdom.

Business

Business analysis for a new product begins with assessing how the new product will fit the firm's total product mix

Indicate whether the statement is true or false

Business