Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation. A board of directors is responsible for the overall performance of the group. Fabrics Inc, on the other hand specializes in women's apparel. Which of the following statements will be true?
a. Decision-making at Axis will be more decentralized in comparison to Fabrics, Inc.
b. Many decisions at Fabrics is likely to be made at lower levels.
c. Individuals at higher levels at Fabrics are less likely to have all of the knowledge that exists at lower levels.
d. Information transfer within Axis Group will be easier as compared to Fabrics, Inc.
Question 2
Any point outside the production possibilities frontier is called
A) unobtainable.
B) full employment.
C) unemployment.
D) inefficient.
Thomas Coram, View of Mulberry House and Street.
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