What Best Exemplifies a Web-Like Structure Within a Networked Organization

question 14

Multiple Choice

What best exemplifies a web-like structure within a networked organization?

• A) some or all operating functions are contracted to other organizations and managed centrally
• B) some or all of the jobs are specialized and managed centrally
• C) some or all of the organization consists of independent enterprises with a defined set of policies and procedures
• D) some or all the structure represents a molecular structure and de-emphasizes hierarchy

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Definitions:

Inventory Item

An article or product that is stored and available for sale or use by a business.

Net Income

A company's remaining earnings once total revenue has been reduced by all expenses, taxes, and costs.

LIFO

An inventory valuation method that assumes the last items placed in inventory are the first sold, standing for Last-In, First-Out.

FIFO

FIFO, an acronym for "First In, First Out," is an inventory valuation method where goods purchased first are the ones sold first, affecting cost of goods sold and inventory on the balance sheet.