A Simple Structure Is an Organizational Form in Which the Owner-Manager

question 81

True/False

A simple structure is an organizational form in which the owner-manager makes all major decisions directly and monitors all activities, while the staff merely serves as an extension of the manager's supervisory authority.

---

Definitions:

Eligibility Requirements

Criteria that individuals must meet to qualify for participation in a program or to receive certain benefits.

Retirement Benefits

Financial support or services workers receive upon retiring, including pensions, health insurance, and other forms of retirement income.

Unemployment Benefits

Financial payments given to individuals who have lost their jobs until they find new employment.

T-test

A statistical test used to compare the means of two groups or samples to see if there is a significant difference between them.