Which of the Following Organizational Structures Would an Entrepreneurial Start-Up

question 73

Multiple Choice

Which of the following organizational structures would an entrepreneurial start-up most likely use?

• A)Product management
• B)Functional
• C)Matrix
• D)Market management

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Definitions:

Vertical Integration

A strategy where a firm expands its operations into different stages of production or distribution within the same industry.

Strategic Alliance

A formal pact made between multiple parties to achieve common aims, notwithstanding their continuing independence as organizations.

Acquisition

The process of obtaining control of another company by purchasing it or merging with it.

Achieving Legitimacy

The process of gaining acceptance, credibility, and recognition within a particular context or among a specific audience.