The Idea That Top Management Should Design an Organization with as Few

question 54

True/False

The idea that top management should design an organization with as few levels of authority as is needed to conduct the business of the organization in an efficient and effective manner is known as the minimum chain of command.

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Definitions:

Benefits-Received Principle

The idea that those who receive the benefits of goods and services provided by government should pay the taxes required to finance them.

Taxation

The process by which governments finance their expenditure by imposing charges on citizens and corporate entities.

Public Schools

Educational institutions funded and administered by governmental agencies, offering free education to students.

Benefits-Received Principle

A theory in taxation where taxes are apportioned according to the level of government services used by the taxpayer.