Bob Is Given the Right to Make All the Important

question 27

Multiple Choice

Bob is given the right to make all the important decisions in an organization.This is an example of:

• A)decentralized decision making.
• B)centralized decision making.
• C)bundling.
• D)a nonstandard practice within a hierarchy.

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Definitions:

Certificate of Deposit

A savings certificate entitling the bearer to receive interest, which has a fixed maturity date, and typically restricts withdrawal of funds before that date.

Breached the Peace

Breaching the peace refers to causing a disturbance or acting in a manner that disrupts public order or tranquility, often leading to legal penalties.

Public Lot

A plot of land owned by a governmental entity and made available for public use or development.

Unsecured Creditor

A creditor that does not have a claim to specific assets of the borrower as collateral for the debt, placing them at a higher risk of loss.