An Organisation Whose Design Is Not Defined By, or Limited

question 103

Multiple Choice

An organisation whose design is not defined by, or limited to, the horizontal, vertical or external boundaries imposed by a predefined structure is known as a ________.

• A)virtual organisation
• B)modular organisation
• C)boundaryless organisation
• D)network organisation
• E)project structure

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Definitions:

Decision Tree

A decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility.

Return to Risk

A concept comparing the expected returns of an investment to the amount of risk undertaken to capture these returns.

Index Funds

Investment funds designed to replicate the performance of a specific index of stocks or other financial assets.

Event Node

In network analysis or decision trees, a point representing a decision or outcome.