An Organization Drops Its Organizational Structure Based on Countries and Reorganizes

question 68

Multiple Choice

An organization drops its organizational structure based on countries and reorganizes into industry groups.This is an example of the company becoming a(n) ________.

• A) ethnocentric company
• B) polycentric organization
• C) borderless organization
• D) global company

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Definitions:

Fixed Asset

Long-term tangible property that a firm owns and uses in its operations to generate income, not expected to be consumed or converted into cash in the short term.

Useful Life

An estimate of the lifespan of an asset during which it is expected to remain productive or useful for the purposes it was acquired.

Residual Value

The estimated value that an asset is expected to have at the end of its useful life, after depreciation has been taken into account.

Net Income

The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.