Organizations Can Keep Their Hierarchy Flat by

question 26

Multiple Choice

Organizations can keep their hierarchy flat by

• A)decreasing the span of control.
• B)increasing the number of levels of management.
• C)decentralizing authority.
• D)centralizing authority.

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Definitions:

Interest Rates

The percentage of a sum of money charged for its use, often expressed as an annual percentage.

Premium

The amount paid for an insurance policy or an extra charge for an enhanced or optional service over and above the basic.

Market Value

The contemporary selling or buying price of a service or asset in the market.

Maturity Risk

The risk associated with the uncertainty of returns due to changes in interest rates as an investment approaches its maturity date.