Final answer:
The policy governance model is where the board is at the top of the hierarchy and the CEO acts as its agent. It highlights a structured division of responsibilities. Bureaucracies, under the acquisitive model, are self-serving and seek to expand their influence and resources, including seeking more funding.
Step-by-step explanation:
The model of organizations that conceives of the board as the top of a hierarchy with the CEO as its agent is referred to as the policy governance model. This model positions the board of directors above the Chief Executive Officer (CEO), in which the CEO's role is to carry out the board’s directives, aligning the company's operations and decisions with the policies and goals set by the board. This enforces a clear hierarchy and division of responsibilities within the organizational structure.
When examining the behavior of bureaucracies, different models have been proposed to explain their organizational actions. The acquisitive model of bureaucracy suggests that bureaucracies tend to push for more funding each year due to their competitive nature and hunger for power and status, which emphasizes the self-serving aspects of bureaucracies seeking to expand their resources and influence.