Which of the Following Details the Standard Type of Structural

question 42

Multiple Choice

Which of the following details the standard type of structural form of organization?

• A) A functional structure where function is a major step in the firm's value chain.
• B) A simple structure where all major decisions and oversight are a duty of the central executive.
• C) A multidivisional structure where each division of the firm is an independent profit center.
• D) A matrix structure where there are two or more divisions organized to enhance cross-communication.
• E) All of these.

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Definitions:

Production Possibilities Curve

A graphical representation that shows the maximum combination of goods or services that can be produced with a fixed amount of resources.

Efficiently

Pertains to achieving maximum productivity with minimal wasted effort or expense.

Studying

The act of dedicating time and attention to acquiring knowledge or understanding through reading, practice, or instruction.

Human Ingenuity

The capacity of humans to invent, create, and solve problems using creativity and intelligence.