The more scarce, dynamic, and complex the environment, the more organic a structure should be
Indicate whether the statement is true or false
TRUE
Explanation: Organizations that operate in environments characterized as scarce, dynamic, and complex face the greatest degree of uncertainty because they have high unpredictability, little room for error, and a diverse set of elements in the environment to monitor constantly. The more scarce, dynamic, and complex the environment, the more organic a structure should be.
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A retailer with high seasonality can best reduce its labor costs in the peak season through _____
a. job standardization b. carefully screening employees c. developing employee performance standards d. cross-training and developing self-service options for consumers
Hurdle rates may change if:
A) the cost of borrowing changes. B) the firm's risk profile changes. C) the overall economic environment changes. D) All of the above.