A "Flat" Organization Is One in Which

question 40

Multiple Choice

A "flat" organization is one in which:

• A)excessive bureaucracy forces people to interact in a "flat" unemotional fashion.
• B)there are very few layers of management.
• C)there is a "glass ceiling."
• D)there is little specialization of job tasks.
• E)there is no high technology in use.

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Definitions:

Time Value

The principle that money in hand today is valued higher than the equivalent amount at a future date, owing to its ability to earn more over time.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting its liquidity.

Arbitrary Cutoff Point

A subjective point or threshold set by decision-makers or researchers, beyond which certain actions are taken, rules applied, or categorizations made.

Time Value

The time value concept in finance recognizes that money available now is worth more than an identical sum in the future due to its potential earning capacity.