Andrew's Company Is a Bureaucratic Organization

question 108

Multiple Choice

Andrew's company is a bureaucratic organization. Andrew is likely to encounter which of the following conditions?

• A) Real time decisions
• B) Cross-functional teams
• C) Empowerment of first-line employees to better serve customers
• D) Many layers of management

---

Definitions:

Payor Bank

The bank upon which a check is drawn and that is responsible for paying the amount specified on the check to the payee.

Collected

Refers to the process of gathering or accumulating items, information, or funds.

Electronic Funds Transfers

The transfer of money between accounts by electronic means rather than the use of cash or paper documents.

Float Time

The period between when a check is deposited into a bank account and the time the funds are available for use.