As a Class Project, Senora Is Working with Other Classmates

question 77

Multiple Choice

As a class project, Senora is working with other classmates to create a company that would market NASCAR memorabilia. Senora's teacher has instructed her to use the traditional approach to create the organization's structure. What should Senora do?

• A)create an organizational structure with vertical and horizontal configurations
• B)use an organizational process to create a matrix design
• C)create a virtual organization
• D)use the organizational structure to control creativity
• E)create a matrix structure that will adhere to the unity of command principle

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Definitions:

Sole Proprietorships

A business structure where a single individual owns, manages, and is personally responsible for all aspects of the business.

Ratified Inadvertently

Approved or confirmed accidentally or without the full intention to do so.

Full Disclosure

The obligation to reveal all relevant details of a transaction.

Consideration

The value (such as money, services, or goods) that is exchanged between parties in a contract.