Which Type of Organizational Structure Can Be Described as Having

question 27

Multiple Choice

Which type of organizational structure can be described as having the benefit of no layers of management, which allows decisions to be made and implemented quickly?

• A) Divisional
• B) Simple
• C) Matrix
• D) Functional

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Definitions:

Deposited Funds

Money placed into a bank account or financial institution for safekeeping and potential interest accumulation.

Debtor

An entity or person that owes money to another party.

Deposits

Deposits involve placing funds into a bank account or other financial institution for safekeeping, often earning interest over time.

Overdraft

A payment by a bank on behalf of a customer for more than the customer has on deposit.