Allocating Authority in an Organization,which Gives Lower-Level Managers and Nonmanagerial

question 79

Multiple Choice

Allocating authority in an organization,which gives lower-level managers and nonmanagerial employees the right to make important decisions about how to use organizational resources,is an example of:

• A) a tall organizational structure.
• B) a high span of control.
• C) centralization of authority.
• D) maximum chain of command.
• E) decentralization of authority.

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Definitions:

Investment Funds

Pools of capital that are allocated to various securities or assets, managed by professional investment managers, intended to generate returns for investors.

Economic Growth

The increase in the total output of goods and services in an economy over time, often measured as the percentage increase in real gross domestic product (GDP).

U.S. Interest Rates

The rates at which borrowers are charged or lenders are paid for the use of money in the United States, set by the Federal Reserve.

Managed Floating Exchange Rate

A currency exchange rate system where the value floats in the market but is managed by the government or central bank to prevent extreme fluctuations.