The World Bank Sorts Countries into the Following Three Major

question 92

Multiple Choice

The World Bank sorts countries into the following three major groups:

• A)high-income economies, middle-income economies, low-spending economies
• B)high-spending economies, middle-spending economies, low-spending economies
• C)super-high-income economies, middle-income economies, low-income economies
• D)high-income economies, middle-income economies, zero-income economies
• E)high-income economies, middle-income economies, low-income economies

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Definitions:

Wide Span Of Control

A managerial approach where a single manager or leader oversees a large number of subordinates or units, leading to a less hierarchical organizational structure.

Higher Employee Morale

A state of enthusiasm and dedication that employees feel towards their work and workplace, often leading to increased productivity and job satisfaction.

Managers Overloaded

A situation where managers have more work responsibilities or tasks than they can effectively handle.

Bureaucracy

An organizational system with strict rules, procedures, and hierarchy, intended to manage and regulate operations.