A household-products manufacturing firm was required to examine its organizational architecture in order to survive in the market. The three aspects of its organization that it looked into are
A. government regulation, technology, and decision rights.
B. government regulation, technology, and markets.
C. decision rights, rewards, and technology.
D. decision rights, rewards, and evaluation systems.
Answer: D
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In 2009, tickets to a Presidential Town Hall meeting were distributed to individuals through a random selection of those who registered on a website. The tickets were allocated by which method?
A) lottery B) majority rule C) contest D) first-come, first-served E) personal characteristics
Banks are more willing to lend money to those who have a sizable amount of their own money at risk because
a. They like lending to individuals who usually don't need the money b. Those with their own money at risk are more likely to only propose viable projects to the bank c. Borrowers with their own capital invested are more likely to make payments on any loan that is made. d. Both B&C
Which of the following is classified as a sunk cost?
a. Cost of the next best alternative b. Additional cost of producing an additional unit c. Research costs to determine the implementation of a technology d. Total cost of producing a product
The vicious circle of poverty refers to the fact that LDCs are poor because other countries do not want to buy their goods and services
a. True b. False Indicate whether the statement is true or false