The Concept "Bureaucracy" Refers to

question 47

Multiple Choice

The concept "bureaucracy" refers to

• A)a large,normative organization.
• B)any source of inefficiency in organizational operation.
• C)an organizational model that operates informally.
• D)an organizational model rationally designed to perform tasks efficiently.

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Definitions:

Net Working Capital

Net working capital is the difference between a company's current assets and current liabilities, indicating its short-term liquidity and ability to cover short-term obligations.

Drainage Pond

An artificial or natural pond designed to collect and retain stormwater or runoff, helping to manage excess water and prevent flooding.

Accounts Receivables

Money owed to a business by its customers for goods or services delivered or used but not yet paid for.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health of the company.