Organizations Can Keep Their Hierarchy Flat By

question 15

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.
• E) decreasing autonomy.

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Definitions:

Credit Sales

Sales transactions where the payment is delayed as per agreed terms between the seller and the buyer.

Retail Store Credit Card

A credit card issued by a retail store allowing customers to purchase goods on credit from that specific retailer.

National Credit Cards

Credit cards that are accepted across a specific country, offering users the ability to borrow funds up to a pre-approved limit for purchases or cash advances.

Allowance Method

An accounting technique that companies use to account for bad debts by predicting what percentage of outstanding accounts will become uncollectible.