You Have Learned About the Traditional and New Design Options

question 93

Multiple Choice

You have learned about the traditional and new design options for organisational structures.You have decided that one of the designs developed during the last decade or two is probably the most appropriate for your newly formed organisation. You have decided to hire other organisations to perform many of the basic functions.You have hired an accounting firm to keep your records,a recruiting firm to handle human resource functions,a computer firm to handle all records,and are looking for other areas in which to outsource operations.You have chosen to operate your business as a:

• A)virtual organisation.
• B)matrix structure.
• C)matrix organisation.
• D)team structure.

---

Definitions:

Satisfaction

The feeling of pleasure or fulfillment that comes from achieving or exceeding expectations, often related to goods or services.

Budget Line

illustrates the combination of goods and services that a consumer can purchase with a given budget at specific prices.

Price of Food

The cost at which food items are sold to consumers, which can vary based on factors like availability, demand, and production costs.

Price of Coffee

The amount of money required to purchase a specific quantity of coffee.