Which of the Following Statements Is True Regarding a Virtual

question 38

Multiple Choice

Which of the following statements is true regarding a virtual organization?

• A) A virtual organization is characterized by a high degree of departmentalization.
• B) A virtual organization lacks flexibility.
• C) A virtual organization tends to have unclear roles, goals, and responsibilities.
• D) A virtual organization is sometimes called matrix organization.
• E) A virtual organization is highly decentralized.

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Definitions:

Beef

Refers to the meat from cattle, often considered in economic terms for its role in the food industry, market dynamics, and trade.

Supply And Demand

The relationship between the availability of a good or service and the desire for it among consumers, largely determining its market price.

Orange Juice Market

The commercial sector involved with the production, distribution, and sale of orange juice.

Equilibrium Point

A condition in markets where the quantity of a good supplied equals the quantity demanded at the market price.