The Three Principal Levels of Hierarchies Within a Business Organization

question 45

Multiple Choice

The three principal levels of hierarchies within a business organization are:

• A) senior management, knowledge workers, and service workers.
• B) senior management, middle management, and operational management.
• C) senior management, data workers, and operational management.
• D) senior management, operational management, and workers.
• E) senior management, operational management, and data workers.

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Definitions:

Export Demand

The demand for domestic goods and services in foreign markets.

Hedging

A risk management strategy used to offset potential losses in investments by taking an opposite position in a related asset.

Spot Exchange Rates

Spot exchange rates are the current exchange rates at which currencies can be traded immediately.

Foreign Exchange Risk

The risk of loss due to changes in currency exchange rates affecting the value of investments or financial transactions.