There Are Two Perspectives of Organisational Design

question 17

Multiple Choice

There are two perspectives of organisational design:

• A)Logical and physical
• B)Internal and external
• C)Functional and business process
• D)Scientific and practical

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Definitions:

Ordinary Annuity

Definition: An annuity for which the payment or receipt of funds happens at the end of each period.

Compounded Monthly

A method of calculating interest where the accrued interest is added to the principal sum each month, resulting in 'interest on interest.'

Compounded Monthly

Interest on a deposit or loan is calculated each month and added to the principal, increasing the amount on which future interest is computed.

Mortgage Loan

A loan used to purchase a real estate property, secured by the property itself.