Odysseus Corp

question 11

Multiple Choice

Odysseus Corp. is attempting to flatten its organizational hierarchy. It is encouraging the use of cross-hierarchical teams, participative decision-making practices, and 360-degree performance appraisals. Based on this information, we can say that Odysseus Corp. is attempting to create a ________ organization.

• A)highly centralized
• B)virtual
• C)boundaryless
• D)highly formalized
• E)highly departmentalized

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Definitions:

Current Price

The latest market price at which an asset or service is traded.

Effective Annual Yield

The annual return on an investment, accounting for the effect of compounding interest over a period of time.

Interest Payment

A payment made to a lender by a borrower as compensation for the use of borrowed money, typically expressed as an annual percentage of the loan balance.