Which of the Following Structures Is Loose and Flexible Allowing

question 57

Multiple Choice

Which of the following structures is loose and flexible allowing it to change rapidly as the need arises?

• A)bureaucracy
• B)organic organization
• C)mechanistic organization
• D)strategic organization

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Definitions:

Financial Statement

A formal record of the financial activities of a business, person, or other entity, presenting its financial performance and position at a given point in time.

Specific Date

A particular day singled out from others because of its significance or relevance to an event or action.

Supplies on Credit

The acquisition of business supplies with an agreement to pay the supplier at a later date.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus equity (Assets = Liabilities + Equity).