What Type of Organizational Structure Do Most Small Businesses Follow

question 87

Multiple Choice

What type of organizational structure do most small businesses follow?

• A)Divisional structure by product
• B)Process type structure
• C)Functional structure
• D)Matrix structure
• E)Divisional structure by customer

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Definitions:

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners, including all revenues, gains, expenses, and losses.

Dividends Per Share

The total amount of dividends declared by a company for each share of its stock, indicating the income investors receive from holding shares in the company.

Financial Leverage

The use of borrowed funds to increase one's investment potential, which can magnify both gains and losses.