With Divisions That Focus on Business Clients and Consumer Clients

question 104

Multiple Choice

With divisions that focus on business clients and consumer clients, companies like Sprint, American Express, and others are examples of ____ departmentalization.

• A)boundaryless
• B)product
• C)customer
• D)functional
• E)matrix

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Definitions:

George Bush

Refers to either George H.W. Bush, the 41st President of the United States (1989-1993), or his son George W. Bush, the 43rd President of the United States (2001-2009), each having made lasting impacts on American and international politics.

Crowding-in

An economic phenomenon where increased government spending leads to higher private sector investment.

Crowding-out

A situation where increased public sector spending reduces the amount of available funds for private sector investments.

National Debt

The total amount of money that a country's government has borrowed, typically as a result of deficit spending, and yet to repay.