Organizational History and Risk Reduction Quiz
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Questions and Answers

True or false: Organizations reduce risk by sending ships to acquire goods and by buying just part of a firm?

True

True or false: Division of labor and specialization do not contribute to efficiency in organizations?

False

True or false: Exchange and coordination are not important within an organization?

False

True or false: Historically, organizations did not send ships to acquire goods due to the risk of piracy?

<p>False</p> Signup and view all the answers

True or false: Efficiency in organizations is achieved by producing just the right amount for sustainability reasons?

<p>False</p> Signup and view all the answers

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