Coordination Through Formal Hierarchy Relies Mainly On

question 119

Multiple Choice

Coordination through formal hierarchy relies mainly on:

• A) informal communication.
• B) job descriptions.
• C) goals and objectives.
• D) direct supervision.
• E) none of these.

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Definitions:

Current Asset Financing

A strategy involving the use of short-term credit to finance the ongoing operations and current assets of a business.

Net Working Capital

The difference between a company's current assets and its current liabilities.

Flexible Policy

A strategy that allows for adaptability and change in response to different situations or conditions.

Restrictive Policy

A financial or operational strategy that limits certain actions to control risk or enhance stability within a company or economy.