Which of the Following Is Characteristic of the Bureaucratic Structure

question 28

Multiple Choice

Which of the following is characteristic of the bureaucratic structure of management?

• A) a low level of job specialization
• B) a tall organization with narrow spans of management
• C) departmentalization by product, location, or customer
• D) informal patterns of delegation
• E) a high degree of decentralization

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity.

Long-term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term loans, and lease obligations.

Accounts Payable

Obligations owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets, indicating liquidity.