Which of the Following Statements Best Describes the Evolution of Organization

question 316

Multiple Choice

Which of the following statements best describes the evolution of organization design?

• A)Companies have evolved to cross-functional teams because line models and line and staff models have become too costly to maintain.
• B)Most companies are finding that the stages of product development are much slower than in the past because new products are much more complicated in nature than products of several years ago.Matrix models work much better in the current environment.
• C)The development of new technology allows for companies to be much more self-contained and able to maintain their competitive advantage due to more privacy.
• D)Companies are now part of a vast network of global businesses,and part of a larger system.

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Definitions:

Underpayment Penalty

A penalty charged by tax authorities for failing to pay enough of one's total tax liability by the tax deadline, often calculated as a percentage of the unpaid tax.

Adjusted Gross Income

Gross income minus adjustments, used as a base for calculating taxable income and determining eligibility for certain tax deductions and credits.

Social Security Taxes

Taxes paid by workers and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Medicare Taxes

Taxes withheld from pay or paid on profits that contribute to the Medicare program, providing health insurance for individuals over 65.