Organizational Design Is the Process by Which Managers Select and Manage

question 56

True/False

Organizational design is the process by which managers select and manage aspects of structure and culture so an organization can control the activities necessary to achieve its goals.

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Definitions:

Issuing Stock

The process by which a company raises capital by distributing shares of its ownership to investors.

Corporations

Business entities that are legally separate from their owners, providing limited liability protection to its shareholders.

United States

Refers to a country located primarily in North America, comprising 50 states and known for being a major political and economic power globally.

Stated Value

A value that is assigned to a share of stock by the issuing company, which may bear no relation to its market value.