A logical extension of the sociotechnical philosophy is a(n)
A. organizational bureaucracy.
B. lean and flat organization.
C. micromanagement approach.
D. mechanistic structure.
E. closed-book management approach.
Answer: B
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An enterprise system is a centralized database that collects data from throughout the firm. This includes data from orders, customers, sales, inventory and employees.
Answer the following statement true (T) or false (F)
Erica wants to replace her old washing machine with a new one. In order to get the maximum value for her money, she plans to spend substantial time and effort in gathering information and making product comparisons before making the actual purchase
In this instance, Erica is planning to buy a(n) ________ product. A) convenience B) unsought C) specialty D) shopping E) exclusive
Based on the competing values framework, the ______ culture focuses on flexibility and discretion with an external emphasis. These organizations are fast moving and the quickest to adapt to changing markets.
A. hierarchy B. adhocracy C. market D. clan
Debt financing is considered riskier than equity financing because of its required payments of interest and principal.
Answer the following statement true (T) or false (F)