Which of the Following Terms Best Describes Organizations That Allow

question 85

Multiple Choice

Which of the following terms best describes organizations that allow people to communicate and work together even though they may be thousands of miles apart?

• A) matrix organizations
• B) stable organizations
• C) flat organizations
• D) hierarchical organizations
• E) networked organizations

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Definitions:

Objective Theory

A legal principle stating that the intent in creating a contract is determined by the reasonable interpretation of the parties' actions and statements rather than individual subjective intentions.

Outward Manifestations

Refers to the actions or expressions by parties in a contract that show their intention to enter into the agreement.

Contract Law

The branch of law dealing with the formation, performance, and enforcement of agreements between parties.

Consideration

Something of value exchanged between parties in a contract, making the agreement legal and binding.