Underfoot Constructions is an organization with a distinct division of labor and a consistent set of rules. Managers conduct business in an impersonal way and do not socialize with subordinates outside of work. Which of the following terms best describes this firm?
a. Corporation
b. Bureaucracy
c. Conglomerate
d. Technocracy

b. Bureaucracy

Explanation:

Corporation is a group of individuals, created by law or under authority of law, having a continuous existence independent of the existence of its members, and powers and liabilities distinct from those of its members.

Bureaucracy is a structure and regulations in place to control activity. It is also a specific form of organization defined by complexity, division of labor, permanence, professional management, hierarchical coordination and control, strict chain of command, and legal authority.

Conglomerate is a corporation formed by the combination of several smaller corporations whose activities are unrelated to the corporation's primary activity.

Technocracy is a system of governance where people who are skilled or proficient govern in their respective areas of expertise.

From the above definition, the answer is Bureaucracy.

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