A(n) ________ Card Allows You to Pay for a Purchase

question 65

Multiple Choice

A(n) ________ card allows you to pay for a purchase directly from your checking account without writing a check.

• A) credit
• B) debit
• C) expense
• D) travel

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Definitions:

Organic Organization

A flexible and informal organizational structure that allows for quick adaptation to changes, characterized by low levels of hierarchy and high levels of horizontal communication.

Division of Labor

Division of labor is the allocation of different tasks to different people or groups in an effort to improve efficiency and productivity.

Hierarchy of Authority

A system within organizations where power and responsibilities are graded from the top (most authority) to the bottom (least authority).

Centralization

The process or practice of concentrating authority and decision-making in a central location or group within an organization.