In the ________ Approach to Organization Structure, Decision Making Is

question 72

Multiple Choice

In the ________ approach to organization structure, decision making is decentralized to a level where information is processed properly and relevant knowledge is applied.

• A) matrix
• B) organic
• C) functional
• D) product
• E) hierarchical

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Definitions:

Shortcut

A direct route or method that reduces the time or effort to complete a task.

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment, based on a simple calculation and not compounded.

360-Day Year

A simplified accounting method that assumes there are 360 days in a year, used for calculating interest and other financial metrics.

Principal

The original sum of money borrowed in a loan, or the initial amount of investment, excluding interest or profit.