Early in JCPenney's History,store Managers Determined the Type of Merchandise

question 48

Multiple Choice

Early in JCPenney's history,store managers determined the type of merchandise sold,the price of the merchandise,the promotion of the merchandise and the management of the store employees.This describes an organizational structure that is _______________.

• A)centralized
• B)decentralized
• C)integrated
• D)disengaged
• E)incorporated

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Definitions:

Deposits

The act of placing money into a financial account, or the money that is placed into such an account.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated recipient.

Boswell Co.

A fictitious or specific company name; without context, it's unspecified what industry or sector it belongs to.

Check Register

A record book or electronic log used to track checks written, deposits made, and current balance of a checking account.