The Set of Relationships That Indicates Who Gives Directions to Whom

question 137

Multiple Choice

The set of relationships that indicates who gives directions to whom and who reports to whom is known as the ______.

• A) hierarchy of organizational objectives
• B) span of management
• C) organization chart
• D) chain of command

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Definitions:

Exponential Smoothing

A technique used in time series data to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Time Series Data

Data collected at successive equally spaced points in time, often used to analyze trends, cycles, or seasonal variations.

Exponential Smoothing

A time series forecasting method for univariate data that involves using weighted averages of past observations, with the weights decaying exponentially as the observations get older.

One-Period Ahead Forecasting

A forecasting method that predicts the value of a variable for the next period based on past and current data, often used in time series analysis.