What Happens When "People Who Have Information Lack Authority and People

question 107

Multiple Choice

What happens when "people who have information lack authority and people who have authority lack information"?

• A) Bureaucracies become more hostile.
• B) Bureaucracies become more productive.
• C) Bureaucracies become more inefficient.
• D) Bureaucracies become more creative.

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Definitions:

Simple Rate

A simple interest rate is calculated only on the principal amount of a loan or investment, without compounding over time.

Interest Charged

The amount of money charged by a lender to a borrower for the use of borrowed funds, expressed as a percentage of the principal.

Investment Matured

An investment matured refers to when an investment reaches its due date and the principal amount is returned to the investor along with any final interest payments.

Interest Amount

The sum paid or charged for the use of money or for borrowing money.