Conventionally,strategy Is Viewed as Preceding Organizational Structure

question 9

Multiple Choice

Conventionally,strategy is viewed as preceding organizational structure.Management writer Tom Peters states the opposite: "strategy follows structure." The relationship between strategy and structure is best described as:

• A)Strategy and structure are interdependent
• B)Designing organizational structure is a key component of strategy implementation
• C)How a firm is organized may be a central feature of its strategy
• D)All of these

Understand the concept of a professional corporation and how it differs from other business entities in terms of management and liability.

Identify the characteristics of a joint venture and how they compare to partnerships.

Grasp the principles of co-ownership in business entities and how it relates to management and profit sharing.

Conceptualize the life span of different business entities and the factors affecting their continuity.

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Definitions:

Peripheral

Pertaining to a portion of the nervous system; anything you plug into a computer, for example, a printer, USB flash drive, monitor, or scanner; side vision while looking straight forward.

Interface

The hardware and software that enable individual computers and components to interact.

Modem

A device that modulates and demodulates signals for encoding and decoding digital information over telephone lines.

Consumables

Items or products that are intended to be used up and replaced.