A Large Company Recently Adopted a Structure in Order to Give

question 42

Multiple Choice

A large company recently adopted a structure in order to give its top managers more responsibility and flexibility.The company is now structured around four customer groupings: consumers, corporations, small and mid-sized businesses, and government and educational buyers.Which of the following organizational structures has this company created?

• A)Client-based
• B)Product
• C)Geographic
• D)Functional
• E)Simple

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Definitions:

Value Assigned

The process of determining the worth or importance assigned to an item, service, or process, often taking into account factors like cost, utility, and scarcity.

Equity Theory

A theory of motivation suggesting that individuals assess their job satisfaction and motivation based on the perceived fairness of their treatment compared to others.

Extended Lunch Breaks

Longer than normal break periods allocated for lunch, beyond the typical schedule.

Co-Workers

Individuals who work together, often sharing tasks or goals within the same organization.