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Author Question: Which of the following is true about a hierarchy? a. It primarily acts as a residual claimant. b. ... (Read 59 times)

darbym82

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on: Jun 30, 2018
Which of the following is true about a hierarchy?
 a. It primarily acts as a residual claimant.
  b. It is a group of individuals who make decisions.
  c. It is an alternative to independent specialization of individual workers.
  d. It is a group of individuals who hold shares of the company and are entitled to dividends.

Question 2

With economies of scale came
 A) larger families.
  B) simpler business forms.
  C) the need for management structures beyond what a family could offer.
  D) fewer economies of scope.


sierramartinez

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


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