A ____________ Has Abalanced, Matrixed Relationship Between Local Managers and Headquarters

question 111

Multiple Choice

A ____________ has abalanced, matrixed relationship between local managers and headquarters with a two-way flow of ideas, resources, and employees between the two locations.

• A) global area division structure
• B) regional lattice structure
• C) regional headquarters structure
• D) global product division structure
• E) global transnational division structure

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Definitions:

Annual Report

A comprehensive report on a company's activities, financial performance, and strategy, typically published yearly for shareholders.

Form 10K

A comprehensive summary report of a company's performance that must be submitted annually to the Securities and Exchange Commission.

Operating Segments

Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

GAAP

Generally Accepted Accounting Principles, a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.