Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

To capitalize on the flexibility, adaptability, and decision-making speed of a smaller size and the economics of scale of a larger size, many firms strive

To capitalize on the flexibility, adaptability, and decision-making speed of a smaller size and the economics of scale of a larger size, many firms strive to a. do more with fewer employees. b. establish sub-hierarchies within the larger hierarchy. c. break the one large firm into many small firms. d. create smaller units within the larger firm. e. employ multiple organizational structures at once

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Economics

Authors: Gregory Mankiw

7th edition

128516587X, 978-1285165875

Students also viewed these General Management questions