Shooting Star, Inc

question 38

Multiple Choice

Shooting Star, Inc. has slow response to external changes, centralized decision making, and poor coordination across departments. It is likely structured:

• A) along divisional lines.
• B) along functional lines.
• C) based on the team approach.
• D) based on the virtual network approach.
• E) none of these.

---

Definitions:

Equity

The portion of a company's assets that belongs to the shareholders after debts and liabilities have been settled.

Non-Owner Sources

Non-Owner Sources refer to funds sourced from entities other than the owners, such as loans, creditor financing, or any external investments into the business.

Accounting Principle

Fundamental guidelines or rules that underpin the accounting practices and financial reporting standards.

Retained Earnings

The portion of net income that is not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.