A(n)________ Organizational Structure Is Used When Everyone in a Group

question 41

Multiple Choice

A(n) ________ organizational structure is used when everyone in a group is working toward a well-defined goal but the means to achieve that goal are not clear.

• A) Matrix
• B) Management by objectives (MBO)
• C) Adhocracy
• D) Incremental

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Definitions:

Limited Liability Company

A commercial foundation that unifies a corporation's limited liability with the direct tax benefits characteristic of partnerships or sole proprietorships.

Tax Election

A choice allowed under tax law that enables taxpayers to determine how they want certain tax rules to apply to them.

Member-Managed

Pertains to an organizational structure, typically in LLCs, where all members participate directly in decision-making and management activities.

Majority Vote

A decision-making process where the option that receives more than half of the votes is chosen.