The Organization Structure at Sinclair Funds,a Financial Services Company,is Divided

question 6

Multiple Choice

The organization structure at Sinclair Funds,a financial services company,is divided horizontally into Insurance,Mutual Funds,and Wealth Management departments.Identify the departmentalization mode being used here.

• A)matrix
• B)customer
• C)product or service
• D)geographic
• E)functional

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Definitions:

Democracy

A form of government in which power is vested in the people, exercised either directly or through elected representatives.

Majority Rule

A principle that the decision of a group should reflect the preference of more than half of its members, often used as a criterion for decision-making in democratic systems.

Whig Party

A political party in the United States active in the mid-19th century, advocating for modernization, banking, and economic protectionism, and opposing policies perceived as favoring a "slave power."

Deep South

A region in the southeastern United States known for its unique cultural, historical, and economic attributes, often associated with the Confederacy in the American Civil War.