Weber's Bureaucratic Model Is Based On________ Authority

question 40

Multiple Choice

Weber's bureaucratic model is based on________ authority.

• A)elected
• B)traditional
• C)rational- legal
• D)charismatic

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders, providing limited liability protection among other benefits.

Sold

A term used when a product or service has been exchanged for payment or other consideration.

Interest Payment Dates

Specific dates on which interest on loans or bonds is paid to lenders or bondholders.

Market Value

The current price at which an asset or service can be bought or sold in the market.