A ________ Organisation Is Not Defined By, or Limited To

question 114

Multiple Choice

A ________ organisation is not defined by, or limited to, the horizontal, vertical or external boundaries imposed by a predefined structure.

• A)team-based
• B)boundaryless
• C)mechanistic
• D)project
• E)simple

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Definitions:

Machinery

Physical devices or machines, often powered, that are used in manufacturing processes or to perform various tasks in industries.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower defaults on the repayment terms.

Venture Capital Firms

Companies that invest in startups and early-stage companies with high growth potential in exchange for equity.

Loan

A sum of money borrowed that is expected to be paid back with interest.