An Internet Business Model Involves the Use of the Internet

question 29

Multiple Choice

An internet business model involves the use of the internet as a ________ tool for generating profits and achieving other business objectives.

• A) strategic
• B) business
• C) support
• D) operational
• E) new

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Definitions:

Matrix Structure

An organizational design that combines two or more reporting structures, usually functional and project-based, for improved flexibility and responsiveness.

Network Structure

The arrangement or organization of interconnected nodes or elements, which can represent social connections, computer systems, or organizational relationships.

Decentralized Decision-Making

A management strategy where decision-making powers are distributed among various levels within an organization rather than being centralized.

Bureaucratic Control

A management system emphasizing strict procedures and rules to maintain order and efficiency.