Which of These Statements About Team-Based Organizational Structures Is FALSE

question 59

Multiple Choice

Which of these statements about team-based organizational structures is FALSE?

• A)Team-based structures have very little formalization.
• B)Team-based structures make extensive use of formal hierarchy as a coordinating mechanism.
• C)Team-based structures improve communication and cooperation across skills and areas of expertise.
• D)Team-based structures are usually more responsive and flexible than functional structures.
• E)Team-based structures are usually found within larger divisionalized structures.

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Definitions:

Securities

Assets indicating equity in a publicly-traded company, a bond signifying indebtedness to a company or government, or options granting ownership rights.

Collateralized Debt Obligations

Collateralized debt obligations (CDOs) are complex financial instruments that pool together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.

Default Risk

The potential that a borrower will fail to meet the obligations of a loan or debt agreement.

Mortgages

Loans specifically designed for the purchase of real estate, secured by the property itself.