The __________ of the Organization Represents the Way the Organization

question 100

Multiple Choice

The __________ of the organization represents the way the organization is intended to function in terms of division of work,supervisory relationships,communication channels,major subunits,and levels of management.

• A)Informal structure.
• B)Hierarchy or authority.
• C)Management chart.
• D)Channel outline.
• E)Formal structure.

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Definitions:

Incentives

Motivational tools or rewards designed to encourage specific actions or behaviors by individuals or groups.

Economic Recession

A significant decline in economic activity across the economy, lasting for several months or longer, often visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Low-Priced Retailers

Retail businesses that focus on offering goods to consumers at low prices, typically by reducing overhead costs or operating on thin profit margins.

Economic Contraction

Economic contraction is a period of economic decline marked by falling GDP, decreased spending, and increased unemployment.