The _____ Is an Organization Structure That Divides the Major

question 22

Multiple Choice

The _____ is an organization structure that divides the major functions of the organization into separate companies and coordinates their activities from a small headquarters organization.

• A) diversification approach
• B) team approach
• C) virtual network approach
• D) BCG approach
• E) functional approach

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Definitions:

Principal

The initial amount of a loan or investment, excluding any interest or dividends.

Agent

An individual or entity authorized to act on behalf of another.

Contract

A legally binding agreement between two or more parties that outlines obligations each party must fulfill.

Liable

Being legally responsible for something, especially in the context of debts or legal wrongs.