An Organization in Which the Hierarchy Has Many Levels Relative

question 35

Multiple Choice

An organization in which the hierarchy has many levels relative to the size of the organization is called ________.

• A) tall
• B) organic
• C) decentralized
• D) flat

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Definitions:

Monthly Sales

Monthly sales represent the total revenue or units sold by a business within a calendar month, often used to gauge performance and trends.

Operating Leverage

A measure of the proportion of fixed costs in a company's cost structure, indicating how a change in sales volume will affect operating income.

Cedar Shingles

Thin, tapered pieces of cedar wood used as durable roofing materials.

Net Operating Income

Income from a company's everyday business operations, excluding expenses from interest and taxes.