Organization Structure Is Defined as The

question 84

Multiple Choice

Organization structure is defined as the:

• A) visual representation of the organization.
• B) framework in which the organization defines how tasks are divided,resources are deployed,and departments are coordinated.
• C) division of labor.
• D) unbroken line of authority that links all individuals in the organization.
• E) none of these.

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Definitions:

New Venture

An entrepreneurial endeavor that entails the creation and establishment of a new business or enterprise.

Entrepreneur

An individual who, rather than working as an employee, runs a small business and assumes all the risks and rewards of a given business venture, idea, or goods or services offered for sale.

Own Bosses

A term used to describe individuals who run their own businesses, making decisions independently rather than working for someone else as an employee.

Entrepreneurship

The act of starting, developing, and managing a business venture along with its risks in order to make a profit and innovate.