Some of the Major Hurdles Faced by a ________ Organization

question 38

Multiple Choice

Some of the major hurdles faced by a ________ organization are that the process of implementing new roles and responsibilities can be time consuming and confusing, and employees may resist the changes and leave the organization.

• A)hollow
• B)matrix
• C)network
• D)boundaryless
• E)flatarchy

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Definitions:

Operating Lease

A contract that allows for the use of an asset but does not transfer ownership of the asset to the lessee.

Capital Lease

A financial agreement where a lessee gains significant property rights, making it similar to owning the asset, for accounting purposes.

Direct Financing Lease

A type of lease agreement where the lessor effectively finances the leased asset for the lessee, recognizing interest income over the lease term.

Interest Expense

The cost incurred by an entity for borrowed funds, reflected as a financial charge in the income statement over the period of borrowing.