An Organization Contracts Out Functions Such as Training, Engineering and Computer

question 128

Multiple Choice

An organization contracts out functions such as training, engineering and computer service. This approach is consistent with a _____ structure.

• A) functional
• B) team
• C) divisional
• D) virtual network
• E) service

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Definitions:

Inelastic

A situation in which the demand or supply for a product does not change significantly in response to price changes.

Fixed Productive Capacity

The maximum output that an economy can produce without increasing inflation, assuming resources are fully utilized.

Chocolate

A sweet, typically brown food preparation of roasted and ground cacao seeds.

Goes Up 20%

Represents an increase by a fifth from a previous value or level, often used in financial contexts to describe growth.