Another Name for the Business Level of the Organization Is

question 109

Multiple Choice

Another name for the business level of the organization is the ______________ level.

• A) functional
• B) department
• C) corporate
• D) divisional
• E) first-line

---

Definitions:

Command Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Centralized Authority

A system of organization where decision-making and power are concentrated at a single point or in a single group within the organization.

Government Intervention

Actions taken by a government to influence or regulate various activities within its economy, including markets, industries, and social policies, to achieve desired outcomes.

Collective Goods

Goods that are non-excludable and non-rivalrous, meaning that their consumption by one individual does not reduce availability to others and people cannot be effectively excluded from using them.