The ____ Shows All People, Positions, Reporting Relationships, and Lines

question 13

Multiple Choice

The ____ shows all people, positions, reporting relationships, and lines of formal communication in the organization.

• A) objectives chart
• B) organizational chart
• C) position chart
• D) PERT chart
• E) activities chart

---

Definitions:

Vickrey Auction

A sealed-bid auction where the highest bidder wins but pays the second-highest bid, encouraging true value bids.

English Auction

A type of auction where the price ascends and participants openly bid against each other, with the highest bid at the close of the auction winning.

Reservation Price

The utmost price a buyer is ready to offer for a good or service.

Expected Revenue

The amount of money a business anticipates receiving from its goods or services over a certain period.