Match List I with List II: Choose the correct answer from the options given below:List I (Organisational Design) List II (Features) (A) Learning organization (I) Flexibility in the structure or Lack of structure (B) Spaghetti organization (II) Linking of separate parts of the same organisation or networking of separate organisations to accomplish a common goal. (C) Fishnet organization (III) The ability to continually change structure and internal processes to conform to feedback with the environment. (D) Network structure (IV) Flexible, adaptable, rearranges itself quickly while retaining its inherent strength
(A) - (III), (B) - (I), (C) - (IV), (D) - (II)
This question asks us to match different types of organisational designs with their defining features. Understanding the characteristics of each design helps clarify how organisations structure themselves to operate effectively in various environments.
Let's analyze each organisational design listed and find its corresponding feature:
| List I (Organisational Design) | List II (Features) | Matching |
|---|---|---|
| (A) Learning organization | (III) The ability to continually change structure and internal processes to conform to feedback with the environment. | (A) - (III) |
| (B) Spaghetti organization | (I) Flexibility in the structure or Lack of structure | (B) - (I) |
| (C) Fishnet organization | (IV) Flexible, adaptable, rearranges itself quickly while retaining its inherent strength | (C) - (IV) |
| (D) Network structure | (II) Linking of separate parts of the same organisation or networking of separate organisations to accomplish a common goal. | (D) - (II) |
| Organisational Design | Key Feature Summary |
|---|---|
| Learning organization | Adapts and changes based on environmental feedback and new knowledge. |
| Spaghetti organization | Highly flexible, sometimes unstructured or chaotic. |
| Fishnet organization | Resilient and strong, yet flexible and quick to rearrange. |
| Network structure | Connects internal or external entities for shared goals. |
Organisational design is crucial for how a company operates. Different structures suit different environments and goals. Here are some points on these designs:
Choosing the right organisational design involves considering factors like the industry, market dynamics, company size, culture, and strategic objectives. These varied structures highlight the trend towards more flexible and adaptive forms compared to traditional hierarchical models.
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below.
Assertion (A): Cultural differences, behavioural attitude of workers, social environment, values and beliefs affect industrial relations and loyalty.
Reason (R): Differences relating to labour mobility and cultural influences affect the way of addressing the superior authority.
Despite differences in cost of production the oligopolists will not vary the prices of their products as per which combination of the following models?
(a) Collusion model
(b) Cournot’s model
(c) Kinked Demand model
(d) Price Leadership model
Select the correct code.
Match the items of List - II with the items of List - I and suggest the correct code:
| List-I | List-II | ||
| (a) | Style | (i) | That comes quickly into public view, are adopted with great zeal, peak early, and decline very fast. |
| (b) | Fashion | (ii) | Basic and distinctive mode of expression appearing in a field of human endeavour. |
| (c) | Fad | (iii) | Currently accepted or popular style in a given field. |
Which among the following firms having foreign trade qualifies for financial assistance under the Market Development Assistance (MDA) Scheme?
Monopoly situation in the market is not desirable mainly because the monopolist