Bureaucratic Organization Structure Involves Vertical Separation of Planning and Execution

question 41

True/False

 Bureaucratic organization structure involves vertical separation of planning and execution so that plans are made in the upper ranks of an organization and executed in the lower.

---

Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations with its operating income.

Debt-To-Equity Ratio

An evaluation measuring how shareholder equity contrasts with debt in the economic arrangement to finance a company's assets.

Equity Multiplier

A ratio of financial leverage which quantifies the fraction of a company's assets funded by the equity of its shareholders.

Net Profit Margin

A financial ratio that shows the percentage of net income to revenue, indicating the efficiency at which a company converts sales into net profit.