Areon Logic Systems Is a Company That Provides Ample Facility

question 6

Multiple Choice

Areon Logic Systems is a company that provides ample facility and flexibility to its workers. It uses cloud-based servers for all its official data allowing employees to telecommute to work. In this scenario, Areon Logic can be referred to as a _____.

• A) coercive organization
• B) spatial organization
• C) chronological organization
• D) virtual organization

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Definitions:

Investment

The allocation of resources, such as capital or time, in order to generate future profit or income.

Usury Laws

Statutes that set maximum interest rates that can be charged on loans, intended to protect consumers from excessively high rates.

Interest Rates

The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.