In Organizations with Many Layers of Managers,it Takes Lesser Time

question 104

True/False

In organizations with many layers of managers,it takes lesser time for information to travel up the hierarchy and for decisions to travel back down.

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Definitions:

Balance Of Trade

The difference between a country's exports and imports over a certain period, indicating whether a country has a surplus or deficit in trade.

Part

A component or piece that combines with other pieces to form a whole machine, system, or object.

Foreign Demand

The desire and willingness of buyers from other countries to purchase goods and services.

Dollar Depreciates

A decrease in the value of the U.S. dollar relative to other currencies in the foreign exchange market, making foreign goods more expensive and U.S. exports cheaper.