The Three Levels of the Organizational Hierarchy Include

question 30

Multiple Choice

The three levels of the organizational hierarchy include

• A) Top, middle, and employee levels.
• B) Top, middle, and operational levels.
• C) First, middle, and lower levels.
• D) First, selected, and delegated levels.
• E) Top, operational, and employee levels.

---

Definitions:

Limited Liability

A legal status where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership.

Franchising Agreement

A legal contract between a franchisor and franchisee, outlining the rights, responsibilities, and terms for operating a franchise.

Franchisor

A company or individual that grants the right to operate a business under their brand and system to a franchisee.

Name Recognition

Name recognition refers to the public's ability to recall and recognize a brand or company by its name, indicating a level of familiarity or prestige in the market.