In What Type of Organization Are Various Functions Coordinated as Much

question 78

Multiple Choice

In what type of organization are various functions coordinated as much by market mechanisms as by managers and formal lines of authority?

• A)Network organization
• B)Virtual organization
• C)Modular organization
• D)Holacratic organization
• E)Organic organization

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Definitions:

Avoidable Cost

Costs that can be eliminated if a certain decision is made, not incurred if a particular activity is avoided.

Sunk Cost

A sunk cost is an expense that has already been incurred and cannot be recovered, often considered irrelevant for future business decisions.

Opportunity Cost

The cost of the next best alternative foregone as a result of making a decision.

Incremental Revenue

Additional income generated from a new sale, project, or strategy, over and above existing revenue streams.