Aspen Incorporated Has Developed a Set of Procedures to Link

question 24

Multiple Choice

Aspen Incorporated has developed a set of procedures to link the various subunits and departments of the corporation in order to carry out the organization's overall mission. The procedures that fulfill this function are referred to as

• A)alignment.
• B)integration.
• C)formalization.
• D)standardization.
• E)coordination.

---

Definitions:

Principal

In finance, refers to the original sum of money borrowed in a loan, or put into an investment, not including the interest. In a second context, it can refer to the primary party involved in a transaction or the main individual in a business.

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Power of Attorney

A legal document granting one person (the agent) the power to act on behalf of another (the principal), especially in legal or financial matters.

Legal Documents

Written materials that are officially recognized and enforce certain rights or obligations.