Complete the Following Using the Terms Listed Below

question 23

Multiple Choice

Complete the following using the terms listed below.
-______ allows a firm to resume operations quickly and smoothly after a crisis, while openly communicating with the public.

• A)corporate culture
• B)top management
• C)line organization
• D)management
• E)departmentalization
• F)organization
• G)delegation
• H)matrix
• I)span of management
• J). controlling
• K)decentralization
• L)chain of command
• M)SWOT analysis
• N)contingency planning
• O). nonprogrammed decision
• P). autocratic leaders
• Q). human skills
• R). mission statement
• S). competitive differentiation
• T). empowerment

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Definitions:

Holder in Due Course

A legal term referring to a person who has received a negotiable instrument in good faith and for value, thereby having certain protections against defects in the instrument's title.

Shelter Rule

A legal principle in commercial law that allows a person who acquires goods in good faith to obtain certain rights even if the transferor of those goods did not have authority to sell.

Negotiation

A dialogue between two or more parties, aimed at reaching a mutual agreement or resolving a dispute over a particular issue or contract.

Duress

Duress is a condition where a person performs an act as a result of violence, threat, or other pressure against the person, often impacting the legality of agreements made under such conditions.