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dalvyx [7]
3 years ago
12

Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on

your initial impressions of the situation, which solution do you think might be more effective: increase formalization or reduce hierarchy
Business
1 answer:
Natalija [7]3 years ago
6 0

Amy should reduce hierarchy if she wants to avoid being beaten by competitors.

A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.

The advantages that Amy will achieve by delayering or reducing hierarchy include:

  • Simplifying the organization's management structures
  • Reducing its bureaucracy
  • Cutting its communication paths
  • Speeding up decision-making
  • Pushing responsibility down to lower organizational levels (through empowerment).

Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.

Learn more: brainly.com/question/10849707

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taurus [48]
$40 you want to charge enough to pay for them and make a profit.

6 0
3 years ago
You are the manager of a popular hat company. You know that the advertising elasticity of demand for your product is 0.25. How m
Inessa [10]

Answer:

20%

Explanation:

if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%

The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.  

3 0
3 years ago
Consider the supply of avocados. explain why a change in the price of fertilizer causes a shift in the supply curve for avocados
allsm [11]

I believe the answer is: D. a change in the cost of inputs changes how much a producer will supply at a given price

Fertilizer is considered to be an input for the avocado since it is an integral part for the avocado producers to transform raw material (Avocado seeds) into a finished product (full grown avocado), Which mean when the cost of fertilizer is increased, the amount of capital needed before their avocado is ready to sell would also increased.

5 0
3 years ago
A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in pr
luda_lava [24]

Answer:

Option (a) is correct.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.

Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.

8 0
3 years ago
Like many other marketing strategy specialists, Mike relies heavily on creativity and originality. Members of his team are selec
damaskus [11]

Answer:

<u>Brainstorming.</u>

Explanation:

The situation exposed in the question above is an example of brainstorming, which can be defined as a group dynamics technique where there is the generation of ideas for a given project.

This activity is developed with the main objective of exploring the creative and innovative capacity of an individual or a group, stimulating the team's creativity, collecting ideas and the maximum amount of information, visions and possibilities in order to achieve a determined objective.

8 0
3 years ago
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