In an Organization,departments Are Created According to the Jobs Performed

question 61

Multiple Choice

In an organization,departments are created according to the jobs performed with in them.This best represents which type of organizational structure?

• A)Product structure
• B)Geographic structure
• C)Divisional structure
• D)Functional structure
• E)Market structure

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with fixed dividends and no voting rights.

Constant Dividend

A dividend policy in which a firm aims to distribute a fixed or constant amount of money to its shareholders as dividends on a regular basis.

Perpetuity

A financial concept representing a series of equal payments that continue indefinitely.

Outstanding Stock

The shares of a company that have been issued and are currently held by investors, including both public and private shareholders.