Which One of the Following Is Consistent with a Simple

question 19

Multiple Choice

Which one of the following is consistent with a simple structure?

• A) high centralization
• B) high horizontal differentiation
• C) high employee discretion
• D) standardization
• E) bureaucracy

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Definitions:

Original Maturity

The initial term agreed upon at the issuance of a loan or bond, prior to any refinancing or alteration.

Annual Coupon Rate

The annual interest rate paid by a bond issuer to its holder, expressed as a percentage of the bond's face value.

Market Price

The immediate cost at which one can buy or sell a service or asset in the marketplace.

Semiannually

Occurring twice a year, commonly used in the context of interest payment schedules or bond coupon payments.