Organizational Design Is

question 72

Multiple Choice

Organizational design is

• A) the process of creating, implementing, and modifying the structure of an organization.
• B) primarily focused on replacing a firm's competitive advantage with competitive parity.
• C) a process that always functions independently of strategy formulation.
• D) primarily focused on formulating effective strategies, not implementing them.

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Definitions:

Executor's Fees

Compensation paid to the executor of an estate for their services in managing and distributing the estate's assets.

Court Costs

Expenses associated with legal proceedings, including filing fees, charges for serving documents, and other legal expenses.

Principal

The original sum of money borrowed in a loan or the initial amount invested, excluding any interest or dividends.

Testamentary Trust

A legal arrangement created as per the instructions in a will, allowing assets to be managed and distributed to beneficiaries after the grantor's death.