A world-class organization
A) merely strives for improvement.
B) applies the best and latest knowledge and ideas.
C) primarily focuses on producing goods at the lowest cost possible.
D) focuses on competition instead of profits.
E) exemplifies a bureaucratic organizational structure.

Question

Quizplus · Accepted Answer

A world-class organization seeks to apply the best and latest knowledge and ideas, not just strive for improvement. They focus on innovation and continuous growth, using the most advanced techniques and technologies. Producing goods at the lowest cost possible and solely focusing on competition are not the primary goals of a world-class organization. Additionally, a bureaucratic organizational structure can hinder creativity and flexibility, which are essential to being a world-class organization.

A World-Class Organization