Differentiate between organizational structure and organizational design
What will be an ideal response?
Organizational structure is the way individuals and groups are arranged with respect to the tasks they perform. Organizational design is the process of coordinating these structural elements in the most effective manner. Structure is who is responsible for what. Design is how they work together.
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A standard policy of title insurance covers
A. unrecorded mechanics' liens. B. instruments outside the chain of title. C. easements that are not a matter of public record. D. none of these.
William Gladstone has been engaged as sales agent for the Doremus Corporation. Under which of the following circumstances may Gladstone delegate his duties to another?
A. When an emergency arises and the delegation is necessary to meet the emergency. B. When it is convenient for Gladstone to do so. C. Only with the express consent of Doremus. D. If Doremus sells its business to another.