With Product-Based Organizational Structures,companies Can Be Most Sensitive to Local

question 44

True/False

With product-based organizational structures,companies can be most sensitive to local market conditions.

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Definitions:

Business Venture

A new enterprise entered into for profit, often characterized by innovation, risk, and a new market or product.

Compounded Semi-annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods twice a year.

EAR

Effective Annual Rate is the actual return on an investment or the actual interest rate of a loan, taking into account the effect of compounding interest over the period.

Calculate

To calculate means to determine the amount or number of something by using mathematical processes.