A Flatarchy Is a Hybrid Approach Using a Functional Structure

question 42

True/False

A flatarchy is a hybrid approach using a functional structure and a relatively flat hierarchy, with a correspondingly wide span of control.

---

Definitions:

Correlated

Refers to the relationship between two variables where a change in one can be associated with a change in the other.

Market

A place or system where buyers and sellers interact to trade goods, services, or securities.

Expected Return

This refers to the average amount of profit or loss one can expect from an investment based on its historical performance and probabilities of outcomes.

Beta

A measure of a stock's volatility in relation to the overall market; used in the capital asset pricing model (CAPM) to estimate the return of an asset based on its risk.