Which Element of the Organizational Structure Signifies Formal Authority Relationships

question 113

Multiple Choice

Which element of the organizational structure signifies formal authority relationships?

• A) chain of command
• B) formalization
• C) centralization
• D) work specialization
• E) span of control

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Definitions:

Treasury Bill

A short-term government security issued at a discount from the face value and pays no interest before maturing at its face value.

Effective Annual Rate

The interest rate on a loan or investment, adjusted for the effect of compounding over a one-year period.

Par

The face value of a bond or other financial instrument, which is the amount to be paid to the holder at maturity.

HPR

Holding Period Return, a measure of the total return received from holding an asset or portfolio of assets over a specified period of time.