Prior to the Development of ________, an Investor Who Wanted

question 24

Multiple Choice

Prior to the development of ________, an investor who wanted to speculate on the future course of aggregate stock prices had to buy or short individual stocks.

• A) mutual stock funds
• B) mutual bond funds
• C) stock index futures
• D) bond index futures

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Definitions:

Coordinating Mechanisms

Tools or methods used to align activities, processes, and strategies across different parts of an organization to ensure efficiency and goal achievement.

Team-Based Structure

An organizational architecture that emphasizes collaborative work and projects carried out by teams, as opposed to hierarchy or individual efforts.

Simple Structure

An organizational design with low departmentalization, wide spans of control, centralized authority, and minimal formalization.

Formal Hierarchy

A structured organization where individuals are ranked according to their levels of authority and responsibility.