Another Term for the Chain of Command Within an Organization

question 53

Multiple Choice

Another term for the chain of command within an organization, as represented on an organizational chart, is

• A)reporting linkage.
• B)span of control.
• C)horizontal specialization.
• D)vertical hierarchy.
• E)network structure.

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Definitions:

Safety Risks

Safety risks refer to potential sources of danger or harm that could result in injury or health hazards in various environments, including workplaces, homes, and public spaces.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a market balance.

Asymmetric Information

Asymmetric information occurs when one party in a transaction has more or better information than the other, potentially leading to an imbalance in the transaction.

Market Transaction

An exchange of goods, services, or financial assets in return for money between parties within a marketplace.