1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANEK [815]
4 years ago
10

According to Mintzberg's organizational structures, hospitals and universities are examples of a:​ a. simple structure. ​b. prof

essional bureaucracy. ​c. divisionalized form. ​d. machine bureaucracy.
Business
1 answer:
Taya2010 [7]4 years ago
5 0

Answer:

b. professional bureaucracy

Explanation:

Bureaucracy refers to a kind of organizational structure which is governed by a clearly defined authority and rigid rules and regulations alongside long chain of hierarchy and reporting, which makes decision making a time consuming affair.

As per Mintzberg, professional bureaucracy is characterized by standardization of skills coupled with vertical and horizontal decentralization of responsibilities.

Such form of organizational structure allows for greater degree of autonomy and control to the professionals w.r.t their work. Such a bureaucracy recognizes the authority of professional expertise instead of the authority of hierarchy.

Such form of organizational structure is usually followed by schools, hospitals and universities wherein, the professional expertise of doctors and teachers define the authority instead of a pre existing chain of hierarchy that dictates what one is permitted to do.

You might be interested in
if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nea
tiny-mole [99]

The return to equity is $75000

Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.

Relative return on equity is a tool used to forecast a company's profitability. It evaluates how effectively people employed in any business have used the money that has been invested.

Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.

Therefore,

Return on equity -

Net Farm Income from Operations - Opportunity cost

= 1,00,000 - 25,000

= 75,000

Read more about a return to equity on:

brainly.com/question/28500740

#SPJ4

7 0
1 year ago
When a local walmart is open 7 days a​ week, 24 hours a​ day, which form of utility is it providing to​ customers?
Vladimir [108]
Answer: TIME UTILITY

When a local Walmart is open 7 days a week, 24 hours a day, it is providing the customers with time utility. Economic utility includes Form utility, Time utility, Place utility and Possession utility. Time utility refers to the availability of products when the customer needs them. In this utility, the company chooses the hours and days when products and services are available to the customers according to the needs of the customers.
6 0
3 years ago
You invested 50% of the wealth in stock A and the remaining 50% in stock B. The expected rates of returns on A and B are given b
tresset_1 [31]

Answer:

B. 1.291%

Explanation:

The computation of the standard deviation is shown below;

= 2000 + 2001 + 2002 +  2003

= 0.5 × 14% + 0.5 × 16% + 0.5 × 15% + 0.5 × 17% + 0.5 × 16% + 0.5 × 18% + 0.5 × 17% + 0.5 × 19%

= 15% + 16%  + 17% + 18%

= stdev( 15% + 16%  + 17% + 18%)

= 1.291%

Hence, the correct option is b.

7 0
3 years ago
What is brand repositioning?
timofeeve [1]
Brand repositioning is when a company changes their status in the marketplace. Like changes to the marketing mix including product, price, location, and promotion. Repositioning happens to fulfill consumer wants and needs

Hope this helps!
3 0
3 years ago
The increased customer value achieved through performing organizational functions like marketing or manufacturing more efficient
Nuetrik [128]

Answer:

Synergy.

Explanation:

Synergy is the benefit that results when two or more agents work together to achieve something in a fruitful way, like the increased customer value, which either one could not have achieved on its own. It is the concept of the whole being greater than the sum of individual effects.

8 0
3 years ago
Other questions:
  • Giant Company has three products, A, B, and C. The following information is available:
    8·1 answer
  • Global Technology’s capital structure is as follows: Debt 50 % Preferred stock 35 Common equity 15 The aftertax cost of debt is
    13·1 answer
  • ​A(n) ______ reveals how a​ firm's operations impact the natural environment. This document discloses to shareholders informatio
    11·1 answer
  • Suppose that the consumer price index in Eastlandia rises from 150 to 159 over the past year, and that the city sets its car reg
    12·1 answer
  • 2.5 If the nominal rate of interest is 4.25 percent and the expected rate of inflation is 1.75 percent, what is the real rate of
    12·1 answer
  • During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked
    10·1 answer
  • X-inefficiency refers to a situation in which a firm: Group of answer choices fails to realize all existing economies of scale.
    8·1 answer
  • Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percen
    15·1 answer
  • what are the three areas on the dashboard that let you find and perform every feature and function you need in quickbooks online
    5·1 answer
  • All else being equal, a decrease in ________ would shift the long-run aggregate supply curve (lras) to the left.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!