In Hierarchically-Structured Organizations, Communication Between Peers Is Called ________ Communication

question 30

Multiple Choice

In hierarchically-structured organizations, communication between peers is called ________ communication.

• A) downward
• B) horizontal
• C) upward
• D) diagonal

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Definitions:

One-time Deposit

A single, initial deposit of funds into an account or investment, rather than multiple or recurring deposits.

Simple Interest

Interest calculated only on the initial amount of money (principal), not on the accumulated interest.

Annually Compounded

Interest on an investment that is calculated once per year, adding the interest earned to the principal amount for future interest calculations.

40-year Period

A time frame lasting 40 years, often referred to in the context of investments or financial planning.