Can information life-span be a determining factor in deciding which organization structure is superior?
The type of organization structure which may be suitable for a particular firm can depend on information life-span. If information is durable and applies to all or most of a firm's activities a U-form firm with centralized decisions may be better able to access knowledge that has accumulated over time and is still valuable. If information has a short lifespan and is specialized to particular products or areas, an M-form firm that leaves more decisions to divisional managers is superior.
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An increase in the domestic real interest rate will tend to cause, other things the same ________
A) a depreciation of the domestic currency B) an increase in the demand for domestic goods and services C) an increase in demand for foreign currencies D) an appreciation of the domestic currency
The poverty rate for those over age 65 exceeds the rate for those under 18
Indicate whether the statement is true or false
England can benefit from trade
a. only with nations that can produce goods England cannot produce. b. only with less developed nations. c. only with nations outside of Europe. d. with any nation.
In a market where a positive externality is present, the effect of a government subsidy would be to ensure:
A. an efficient outcome. B. that those who enjoy the benefit receive the surplus. C. a more fair distribution of surplus. D. All of these statements are true.