The ____ Structure Works Well for Firms That Have Global

question 79

Multiple Choice

The ____ structure works well for firms that have global brands, as well as for local brands.

• A)international division
• B)product division
• C)matrix
• D)multinational division

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Definitions:

Consolidated Common Stock

The combined total of common stock held by a parent company and its subsidiaries, presented as a single item in consolidated financial statements.

Common Stock

A type of corporate equity ownership that confers a share in the company's profits and losses, as well as voting rights in corporate decisions.

Voting Shares

Shares of a company's stock that grant the shareholder the right to vote on corporate matters such as the election of the board of directors.

Cash

A form of currency that includes coins and paper notes, which is used by individuals and companies to conduct transactions.