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Scott Moore is considering accepting a $10,000, 60-day, 12% promissory note from Cory Gregor to extend additional time to settle a past-due account. Discuss some of the reasons why Moore would accept a promissory note from Cory Gregor.
Coordination
The organization of the different elements of a complex body or activity so as to enable them to work together effectively.
Machine Bureaucracy
A highly structured organizational form that operates through standardized procedures and a clear hierarchy of authority.
Centralization
Centralization refers to the concentration of decision-making authority and control at the top levels of an organizational hierarchy.
Decision Making
The process of selecting a course of action from multiple alternatives to achieve a desired outcome.
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