Companies Engaged in a Single Line of Business Most Commonly

question 84

Multiple Choice

Companies engaged in a single line of business most commonly utilize an organizational structure that can be

• A)either independent, consolidated, or hybrid profit centers.
• B)a functional (departmental)organizational structure.
• C)either centralized, principal, or critical-path in nature.
• D)highly decentralized matrices.
• E)hybrid functional organizations with a combination of decentralized and centralized decision-making.

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Definitions:

Iran-Contra

A political scandal in the United States during the Reagan Administration involving the secret sale of arms to Iran and the illicit diversion of the proceeds to fund Contra rebel groups in Nicaragua.

Arms-For-Hostages

Refers to the clandestine arrangement of trading arms for the release of hostages, notably associated with the Iran-Contra affair in the 1980s under the Reagan administration.

Oliver North

A former United States Marine Corps officer who was involved in the Iran-Contra Affair, a political scandal involving the secret sale of weapons to Iran and the diversion of funds to support Contra rebels in Nicaragua.

Yasir Arafat

A Palestinian political leader and the chairman of the Palestine Liberation Organization (PLO) from 1969 until his death in 2004, who played a central role in the Palestinian liberation movement.