The Features of the M-Form of Firm Organization Are

question 25

Multiple Choice

The features of the M-Form of firm organization are

• A)divisions have difficulty responding to market changes
• B)it is easier to maintain customer relationships
• C)coordination across divisions is simple and does not take much management time
• D)evaluating employees is easier because managers typically are similarly trained

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Definitions:

Auditors

Professionals or firms appointed to review and verify an organization's financial records and statements to ensure accuracy and compliance with accounting standards.

Financial Asset

An intangible asset whose value is derived from a contractual claim, such as stocks, bonds, and bank deposits.

Mutual Fund

A type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by an investment company.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.