Which of the Following Statements Is True Regarding Broad Bands

question 74

Multiple Choice

Which of the following statements is true regarding broad bands?

• A) They require a relatively stable organization design.
• B) They support recognition via titles or career progression.
• C) They foster cross-functional growth.
• D) They give managers "freedom with guidelines".

---

Definitions:

Dynamic Change

The process of constant, sometimes unpredictable change within systems or environments, affecting economic, social, or technological aspects over time.

Usury Laws

Legislation that limits the amount of interest that can be charged on loans.

Low-Income Borrowers

Individuals or households with lower income who may face greater challenges or higher costs when trying to secure loans.

Economic Analysis

The systematic approach to determining the optimal use of scarce resources, involving comparison of costs and benefits.