When Departments Are Grouped Together on the Basis of Organizational

question 57

Multiple Choice

When departments are grouped together on the basis of organizational outputs, the organization is using a:

• A) functional structure.
• B) matrix structure.
• C) divisional structure.
• D) virtual network structure.
• E) team-based structure.

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Definitions:

Graduate Program

An advanced academic and professional course of study beyond the bachelor's degree.

Inflation

The rate of acceleration in the average pricing of goods and services, thereby diminishing the power of purchase.

Unemployment

The condition where people who have the ability to work and are actively looking for jobs cannot secure employment.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances in bank accounts.