Activists in a Large City Join Forces to Create a New

question 2

Multiple Choice

Activists in a large city join forces to create a new organization with the goal of preserving landmark buildings that have historical importance.At first,the organization functions democratically,but over time it is taken over by three people.These leaders establish a bureaucratic structure that helps them to maintain control of the organization.These developments can be best explained by

• A)Parkinson's law.
• B)the Peter principle.
• C)the iron law of oligarchy.
• D)the scientific management approach.

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Definitions:

Summer Wages

Compensation paid to employees for work performed during the summer season, often applied to temporary or seasonal positions.

Compounded Quarterly

Interest calculation method where interest is added to the principal sum so that each following period's interest is calculated on a growing principal.

Annual Interest

The amount of interest to be paid or earned over a one-year period, usually expressed as a percentage of the principal.

Investing

The act of allocating resources, usually money, in order to generate income or profit.