At Landmark Constructions,crucial Projects Are Handled Completely by Project Managers

question 74

Multiple Choice

At Landmark Constructions,crucial projects are handled completely by project managers who are empowered to borrow marketing,sales,engineering,finance and R&D staff,and other employees from various parts of the organization to complete their projects.Identify the departmentalization mode being used in this company.

• A)customer
• B)matrix
• C)product
• D)geographic
• E)functional

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of each party.

Anticipatory Breach

Occurs when one party to a contract indicates, before the performance is due, that they will not fulfill their contractual obligations.

Misrepresentation

An untrue statement of fact; an incorrect or false representation.

Deposit

A sum of money placed in an account or given as security for the fulfillment of a contractual obligation.