Which of the Following Statements Is an Advantage of a Network

question 11

Multiple Choice

Which of the following statements is an advantage of a network structure?

• A) It is quite inexpensive for virtual teams to use communication technology.
• B) It enables a firm adapt to a change in the marketplace.
• C) Virtual teams often require very less coordination.
• D) It promotes greater accountability than divisional structure.

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Definitions:

Withdrawal

The process of removing funds from a bank account or investment.

Prepaid Insurance

Coverage payments made in advance that are recorded as assets and then expensed over the period that the insurance policy covers.

Advance Payment

Payment made to a supplier or service provider before receiving the goods or services.

Expense

Expenditures made by a business during the revenue generation process.