Which of the Following Terms Best Describes a Type of Network

question 22

Multiple Choice

Which of the following terms best describes a type of network structure that involves relatively self-contained organizational subunits tied together through a technology that focuses on standardized linkages?

• A)Unitary functional organization
• B)Multidivisional organization
• C)Matrix organization
• D)Modular organization
• E)Hierarchical organization

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Definitions:

Flexible System

An adaptable framework or methodology that can adjust to changes in environment or operation, often seen in production, management, or scheduling.

Major Currencies

The world's most widely traded currencies, typically including the US Dollar, Euro, Japanese Yen, and British Pound among others.

Managed Floating Exchange Rate

An exchange rate that is allowed to change (float) as a result of changes in currency supply and demand but at times is altered (managed) by governments via their buying and selling of particular currencies.

Central Banks

Financial institutions responsible for the oversight of the monetary system for a nation or group of nations, controlling policies like interest rates and money supply.