The ____ Refers to a Chain of Authority Extending from Top

question 30

Multiple Choice

The ____ refers to a chain of authority extending from top to the bottom of the organization and including every employee.

• A) unity of command
• B) division of labor
• C) unity of direction
• D) scalar chain
• E) None of these

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Definitions:

Treasury Bond

A long-term, interest-bearing security issued by the government, with a maturity period typically longer than ten years.

Xerox

A corporation known primarily for its photocopying products and technology, though it has diversified into digital printing and document solutions.

Exxon

A multinational oil and gas corporation headquartered in the United States, known for its significant role in the global energy sector.

Coupon Bond

A type of bond that pays the holder a regular interest rate (or coupon) in addition to the principal amount at maturity.