Organizational Reforms Instituted by Congress in the 1970s

question 4

Multiple Choice

Organizational reforms instituted by Congress in the 1970s

• A)fragmented power by reducing the power of committee chairs.
• B)centralized power into the hands of party leaders.
• C)sped up legislation by reducing the number of committees to which a bill was referred.
• D)reduced the scrutiny of the media by closing hearings to the public.

---

Definitions:

Expected Cash Flow

The anticipated amount of money that is projected to flow into and out of a business over a specific period.

Staged Capital Commitments

The process of investing funds in a business venture in predefined phases based on specific milestones being achieved.

Strategic Advantage

A favorable position or condition that an organization achieves, allowing it to outperform competitors or achieve superior outcomes.

Priced Less

Offered or marked at a lower price; essentially another way to describe an item or service that is underpriced.