Which of the Following Is True About Decentralized Organizations

question 56

Multiple Choice

Which of the following is true about decentralized organizations?

• A) All management levels share a lot of authority.
• B) Top managers retain all the authority.
• C) A product organization structure exists.
• D) Line authority does not exist.

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Definitions:

Lien

A legal right or claim against a property by a creditor, ensuring payment of a debt or fulfillment of an obligation.

Judgment-Proof

Refers to a situation where an individual or entity has little to no attachable assets for creditors to claim in case of a lawsuit judgment against them.

Execution

The process of enforcing a court judgment or the carrying out of a legal document’s instructions.

Guarantor

A person or entity that agrees to be responsible for another's debt or performance under a contract if the original party fails to meet their obligations.