Which of the following is true about the differences between M-form and U-form firms?

Which of the following is true about the differences between M-form and U-form firms?
 a. As M-form firms are more diversified, it is more difficult for the management to acquire and compare information about products and locations than a U-form firm.
  b. A U-form firm can better incentivize managers than M-form firms.
  c. In an M-form firm the interests of executives in product or geographic divisions can bebetter aligned with those of shareholders compared to a U-form firm.
 d. M-form firms usually operate in fewer markets than U-form firms.

QUESTION 2

In which market type does one find the most advertising
 A) monopolistic competition
  B) oligopoly
  C) perfect competition
  D) monopoly

QUESTION 3

Which landmark legislation protected the right of workers to organize and bargain collectively?
 a. Landrum-Griffen Act
  b. Taft-Hartley Act
 c. Wagner Act
 d. Walsh-Healy Act

QUESTION 4

The _____ keeps decisions at the divisional level that would be sent to headquarters in a _____.
 a. matrix organization; M-form firm
  b. U-form; M-form firm
  c. U-form; matrix organization
  d. M-form; U-form firm

QUESTION 5

A firm in which market has the most market power?
 A) perfect competition
  B) monopolistic competition
  C) oligopoly
  D) monopoly

QUESTION 6

Which of the following is true regarding labor legislation?
 a. The Taft-Hartley Act increased union power while the Wagner Act limited union power.
  b. The Wagner Act increased union power while the Taft-Hartley Act limited union power.
  c. Both the Wagner Act and the Taft-Hartley Act increased the power of unions.
 d. Both the Wagner Act and the Taft-Hartley Act limited the power of unions.

QUESTION 7

Which of the following is a function of the headquarters of an M-form organization?
 a. To take all decisions relating to the functioning of the various divisions.
  b. To measure and compare the performance of the different divisions.
  c. To solve the problems faced at lower levels of its different divisions.
  d. To ensure that all divisions work harmoniously with each other.

QUESTION 8

In what market type does an individual firm face a perfectly elastic demand curve?
 A) perfect competition
  B) monopolistic competition
  C) oligopoly
  D) monopoly