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Practice Reading: Multiple Choice, Single Answer ID: #46875 Bureaucracy
Instructions
Information is power and the one that is well informed, flexible and quick to adapt wins. The market demands rapidly changing systems that are represented by a set of diverse specialists, professionals and managers. Managers today, need to have skills to comprehend the ever changing situation and take decisions instantly. Soft skills and people management skills are becoming increasingly important as there is a need for cohesive groups that can work together as a team. This new form of management may be termed Ad-hocracy, a workable kinetic organization of the future. Bureaucracy meant all authority and decision-making power was vested in the top management; the 'subordinates' were just supposed to do as 'commanded' by the top man. These power laden hierarchies were the norm around a decade or two earlier but in all probability are headed towards their demise.

Which of the following management systems best survives in today's market place?

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