_____ Is a Management Function That Develops an Organizational Structure

question 26

Multiple Choice

_____ is a management function that develops an organizational structure and coordinates human resources within that structure to achieve organizational objectives.

• A)Decentralizing
• B)Organizing
• C)Controlling
• D)Leading
• E)Planning

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Definitions:

Composition

The makeup or structure of something, in finance it might refer to the mix of assets in a portfolio or ingredients of a financial product.

Creditors

Entities or individuals to whom money is owed by a person or company.

Absolute Priority Rule

A principle in bankruptcy proceedings that senior creditors are paid before junior creditors and shareholders.

Liquidation

Termination of the firm as a going concern.