Which Type of Organization Is Characterized by a Relatively Low

question 28

Multiple Choice

Which type of organization is characterized by a relatively low degree of job specialization, loose departmentalization, few levels of management, wide spans of control, decentralized decision making, and a short chain of command?

• A) hierarchical
• B) organic
• C) mechanistic
• D) line

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Definitions:

Insolvent Seller

A seller who cannot meet their financial liabilities as they become due.

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to perform under a contract.

Uniform Commercial Code

A comprehensive set of laws that governs all commercial transactions in the United States.

Nonbreaching Seller

A party in a sales contract who has fulfilled their obligations without any violation of the agreement terms.