Which of the Following Type of Organization Is Characterized by a Relatively

question 29

Multiple Choice

Which of the following type of organization is characterized by a relatively low degree of job specialization,loose departmentalization,few levels of management,wide spans of control,decentralized decision making,and a short chain of command?

• A) hierarchical
• B) organic
• C) mechanistic
• D) line

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Definitions:

Working Capital Ratio

A financial metric used to determine a company's ability to pay off its current liabilities with its current assets.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a company.

Current Assets

Assets on a balance sheet that are expected to be converted into cash, sold, or consumed within a year.