In a __________, Each Business Is Placed in a Self-

question 17

Multiple Choice

In a __________, each business is placed in a self- contained division and there is no contact between divisions.

• A)hierarchy
• B)conglomerate structure
• C)functional
• D)matrix

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Definitions:

Authority

The right or power assigned to an entity or individual to govern, make decisions, or enforce obedience.

Revocation

The official cancellation or annulment of a decree, decision, or promise, typically within legal contexts such as wills, contracts, or licenses.

Renunciation

The formal rejection or abandonment of a claim, right, possession, or responsibility.

Agent's Authority

The scope of power given to an agent to act on behalf of a principal, which can be explicit, implicit, or by means of apparent authority.