Altair Inc.,a large firm in the electronics market,is facing stiff competition from a relatively smaller firm,Cygnus Corp.Which of the following is an advantage that Cygnus has over Altair due its size?
A) Larger fixed-asset bases
B) More layers of administration
C) More flexible and entrepreneurial culture
D) Greater bureaucratic inertia due to well-developed policies and procedures
Correct Answer:
Verified
Q1: A high degree of formalization and standardization
Q2: With advances in information technology,loosely coupled organizational
Q4: As a firm grows,it becomes more difficult
Q5: Modular products become more valuable when customers
Q6: A firm's prior success in the market
Q7: The customization of products and processes to
Q8: In a loosely coupled structure,development and production
Q9: Quasiformal structures foster interactions based on hierarchy
Q10: If a firm codifies all of its
Q11: According to Joseph Schumpeter,small firms are likely
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