Unity of Command Refers to

question 55

Multiple Choice

Unity of command refers to

• A)a centralized organizational structure.
• B)the situation in which each employee reports to a single manager.
• C)a matrix organizational structure.
• D)a strong organizational vision from executive leadership.

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Definitions:

Market Value

The amount for which something can be sold in a given market at a particular time.

Book Value

The net value of a company's assets minus its liabilities, as reported on the balance sheet, often used to assess a company's financial health.

Mortgage Payable

A long-term liability on a balance sheet, representing money owed on a property loan that is to be paid back over time.

Capital Balance

Capital balance represents the amount of capital attributed to the owners or shareholders of a company, reflecting their stake in the entity.