By definition, a bureaucracy must have each of the following EXCEPT
A. a large size.
B. divided authority.
C. a complex structure.
D. elected officials.
E. no one person who can make all of the decisions.
Answer: D
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Which of the following statements about the Securities and Exchange Commission is true?
a. It was created by the Securities Act of 1933, also known as the "truth in securities" law. b. It replaced the self-regulatory organizations (SROs) that had previously governed the activities of the securities markets. c. It requires reporting of financial information by companies with publicly traded securities. d. It oversees the activities of the American gold and silver markets. e. It was created by the Investment Advisers act of 1940.
Why did the government shut down in 2013?
a. Congressional Democrats and Republicans could not agree on a budget. b. The government shut down because each party wanted to take credit for addressing the ensuing crisis. c. The government shut down in order to save money. d. Members of Congress forgot to pass the budget.