Getting Rid of Some of the Vertical Hierarchy (Reporting Levels)

question 32

Multiple Choice

Getting rid of some of the vertical hierarchy (reporting levels) in an organization is called:

• A)Broadbanding
• B)Delayering
• C)Downsizing
• D)Reinforcing
• E)Reengineering

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Definitions:

Excess Reserves

The funds that banks hold over and above the required minimum set by central banking authorities, often seen as an indicator of the banking system's health.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including both cash and digital money.

Treasury Bonds

Long-term government securities issued by the U.S. Department of the Treasury with the purpose of financing federal debt.

Money Supply

The total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.