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Which Type of Organization Depends on Larger Spans of Control,less

question 11

Multiple Choice

Which type of organization depends on larger spans of control,less formalization of procedure,and decisions made at middle levels of the organization?


Definitions:

Debenture

A type of debt instrument that is not secured by physical assets or collateral but is backed by the general creditworthiness and reputation of the issuer.

Creditor/Debtor

A relationship where one party (the creditor) lends money or extends credit, and the other party (the debtor) owes the money.

Articles of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation.

Corporation

A legal entity recognized by law as separate from its owners, capable of owning property, entering contracts, and being sued.

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