One Specific,commonplace Type of Organizational Change Being Made in Modern

question 16

Multiple Choice

One specific,commonplace type of organizational change being made in modern organizations throughout the world is the trend toward ________.

• A)matrix
• B)functional
• C)geographic
• D)virtuality
• E)temporary

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Definitions:

Double Taxation

The levying of tax by two or more jurisdictions on the same declared income (in the case of income taxes), asset (in the case of capital taxes), or financial transaction (in the case of sales taxes).

S Corporation

A special designation that allows corporations to pass income, losses, deductions, and credits through to their shareholders for federal tax purposes.

C Corporation

A legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity.

Limited Liability Companies

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.