Which One of the Following Correctly Defines the Upward Chain

question 53

Multiple Choice

Which one of the following correctly defines the upward chain of command in a typical corporate organizational structure?

• A)The vice president of finance reports to the chairman of the board.
• B)The chief executive officer reports to president.
• C)The controller reports to the president.
• D)The treasurer reports to the vice president of finance.
• E)The chief operations officer reports to the vice president of production.

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Definitions:

Tax Revenue

The financial proceeds that are secured by governments through the imposition of taxes.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium outcome is not achievable or not achieved in a market.

Lewin's Model

A psychological model of change consisting of three stages: unfreezing, changing, and refreezing.

Planned Change

a deliberate effort to improve a business or organizational process, involving specific objectives and planned activities.