In What Type of Organization Is Decision-Making Authority Spread Throughout

question 105

Multiple Choice

In what type of organization is decision-making authority spread throughout the organization?

• A)Centralized organization
• B)Decentralized organization
• C)Participative organization
• D)Top-down organization

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Definitions:

Debt Cap

A limit set on the amount of debt that an organization or government may incur.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives.

Chapter 13

A form of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.

Repayment Plan

A strategy or arrangement agreed upon to pay back borrowed money, often detailing the time frame and amounts due.