Which of the Following Structures Is the Leanest of All

question 105

Multiple Choice

Which of the following structures is the leanest of all organization forms because little supervision is required?

• A) Functional approach
• B) Virtual network approach
• C) Team approach
• D) Matrix approach
• E) Divisional approach

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Definitions:

Preferred Stock

A class of stock that provides shareholders with a fixed dividend before any dividends are issued to common stockholders, often with no voting rights.

Common Stock

A type of equity ownership in a corporation, representing a claim on part of the company's profits and assets.

Dividends in Arrears

Outstanding dividend payments that have not been paid to preferred shareholders.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often with dividend payment preferences.