You Are Writing a Proposal to Restructure Your Department's Organizational

question 28

Multiple Choice

You are writing a proposal to restructure your department's organizational chart. Your manager was a member of the committee that originally set up the department's current structure. Which purpose statement would be best for a proposal to your manager?

• A) The purpose of this proposal is to show how we can reorganize our department to improve our efficiency while keeping intact the values that have allowed us to succeed to this point.
• B) The purpose of this proposal is to show how to solve all of our productivity problems and remove all the barriers to effective communication.
• C) The purpose of this proposal is to show why it's time for "out with the old and in with the new."
• D) The purpose of this proposal is to explain why we have no choice but to scrap our ineffective organizational structure.

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Definitions:

Reserve Banking

A banking system in which banks are required to hold a certain percentage of their deposits as reserves, either in their own vaults or deposited at a central bank.

Money Supply

The total sum of all financial assets in an economy at any given moment, which includes cash, coins, and the balances in checking and savings accounts.

Deposits

Funds placed into an account at a banking institution for safekeeping.

Money Market Mutual Funds

Investment funds that pool money from investors to purchase low-risk, short-term securities like Treasury bills and commercial paper.