A(n) ________ Consists of One Person at the Top of the Organization

question 111

Multiple Choice

A(n) ________ consists of one person at the top of the organization and many levels of managers who are responsible to that person.

• A) hierarchy
• B) oligarchy
• C) inverted organization
• D) informal organization

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Definitions:

Full Benefits

A comprehensive benefits package offered to employees, which may include health insurance, retirement plans, vacation days, and other perks in addition to salary.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Private Pension Plans

Are prearranged plans administered by the organization that provides income to employees at their retirement.

Perquisite

Benefits or privileges provided to employees in addition to their regular salary, often seen as perks of the job.