Businesses That Use H-Form or M-Form Organizational Design May Have

question 184

Multiple Choice

Businesses that use H-form or M-form organizational design may have several ____ who are responsible for helping line managers with their control functions,for coordinating the organization's overall control system,and for gathering and assimilating relevant information.

• A) ombudsmen
• B) facilitators
• C) change agents
• D) controllers
• E) control champions

---

Definitions:

Compounded Semi-Annually

A method of calculating interest where the interest is added to the principal amount twice a year.

Outstanding Balance

The amount of money owed on a loan or credit account that has not yet been paid.

Amortized

The process of paying off a debt through regular payments, where each payment covers both interest and a portion of the principal amount.

Compounded Annually

Interest on an investment is calculated once a year, with the interest added to the principal.