At Tic-Toc Clock Manufacturing,only the Top Managers Have the Authority

question 76

Multiple Choice

At Tic-Toc Clock Manufacturing,only the top managers have the authority to make final decisions on just about everything.Tic-Toc Clock manufacturing can be described as having a _____ structure.

• A)wide
• B)decentralized
• C)moderate
• D)narrow
• E)centralized

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Definitions:

Cash Purchases

Transactions where goods or services are bought and paid for with physical currency at the point of sale, as opposed to using credit.

Poor Credit Rating

A low assessment of an individual's or entity's creditworthiness, indicating a high risk to lenders or creditors.

Reasoning for Bad News

The process of explaining and providing justification for decisions or notifications that are unfavorable or disappointing.

Company Policies

Set guidelines and rules that dictate the internal operations, culture, and acceptable behaviors within a company.