Examlex
A Chart of Accounts is a list of the business snapshot accounts.
Flat Structure
An organization structure that has wide spans of control and few hierarchical levels.
Decision Making
The process of selecting a course of action from several alternatives to achieve a desired outcome.
Levels of Management
The hierarchical layers of authority in an organization, typically ranging from top management to middle management to lower management.
Chain of Command
A hierarchical structure in an organization defining the authority and communication line from the highest to the lowest ranks.
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