The type of governance arrangement where rights are shared by C-level executives and one other
Tier of the business hierarchy, such as business-unit presidents is called:

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Quizplus · Accepted Answer

The type of governance arrangement described is federal, as it involves the sharing of rights between two tiers of the business hierarchy (C-level executives and business-unit presidents). Anarchy involves a lack of any formal governance structure, duopoly typically refers to a market structure with two dominant firms, and business monarchy involves a single executive leader with full control over the organization.

The Type of Governance Arrangement Where Rights Are Shared by C-Level