________ Is(are) Another Way of Describing a Vertical Hierarchy

question 2

Multiple Choice

________ is(are) another way of describing a vertical hierarchy.

• A) An upward graph
• B) An X-Y chart
• C) A chain of command
• D) A network structure
• E) Corporate steps

Recognize the significance of the span of control in organizational design and its relationship with hierarchical structures.

Explain the concept of standardization as a coordinating mechanism and its implications for organizational structure.

Analyze the impact of organizational growth and market changes on structure adaptation.

Explore the role and effects of formalization on organizational coordination and efficiency.

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Definitions:

Adoption

The legal process of taking another's child into one's family, granting it the same legal rights and status as one's biological child.

Preferred Stock

A class of stock that carries with it the right to receive payment of dividends and/or the distribution of assets on the dissolution of the corporation before other classes of stock receive their payments.

Dividends

Net profits, or surplus, set aside for shareholders.

Dissolution

A change in the relation of partners caused by any partner ceasing to be associated in the carrying on of the business.