Gary Is a Manufacturing Manager at Forman Enterprises

question 16

Multiple Choice

Gary is a manufacturing manager at Forman Enterprises.Gary works at the MNE's headquarters in the United States.Before Gary can implement any major changes or decisions, he must communicate and coordinate his plans with Raj, a sales manager at Forman's facility in India.Which structure is most likely used by Forman Enterprises?

• A)global
• B)matrix
• C)product division
• D)geographic division

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Definitions:

Annuity

A retirement funding product that assures fixed payments over time to the receiver, primarily aimed at providing a stable income for retirees.

Payment Interval

The regularity with which payments are dispensed, for instance, on a monthly, quarterly, or yearly basis.

Compounded Quarterly

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan, done four times a year.

Future Value

An asset or cash's future worth that is equal to a designated sum in the present day.