With a Hollow Structure, the Organization

question 61

Multiple Choice

With a hollow structure, the organization

• A) is a rigid nonadaptive structure.
• B) groups activities around similar products or services.
• C) has a central core of key functions and outsources others to vendors who are less expensive or faster.
• D) is often called a horizontal organization.
• E) assembles product chunks, or modules, provided by outside contractors.

---

Definitions:

Nominal Annual Interest

Nominal annual interest is the stated interest rate associated with a loan or investment, not accounting for compounding or inflation effects within a specific year.

Monthly Car Payments

Regular payments made by a borrower to a lender for the financing of a vehicle purchase, typically structured over a set period.

Down Payment

An initial payment made when something is bought on credit, typically a percentage of the purchase price.

Compounded Annually

The process of calculating interest on both the initial principle and the accumulated interest of previous periods on a yearly basis.