Which of the Following Statements Is True Regarding a Virtual

question 52

Multiple Choice

Which of the following statements is true regarding a virtual organization?

• A) A virtual organization is sometimes called matrix organization.
• B) A virtual organization is highly decentralized.
• C) A virtual organization is characterized by a high degree of departmentalization.
• D) A virtual organization tends to have unclear roles, goals, and responsibilities.
• E) A virtual organization lacks flexibility.

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Definitions:

Expected Income

The income an individual or firm anticipates receiving over a certain period, often based on current or historical earnings.

Probability

A measure of the likelihood of a specific outcome, event, or result occurring.

Insurance Premium

The amount of money an individual or business pays for an insurance policy, which provides financial coverage against specific risks.

Expected Income

The amount of money one anticipates earning over a specific period, considering various factors like salary, investments, and other income sources.