RST Consulting Has Offices in Different Locations Around the Country

question 29

Multiple Choice

RST Consulting has offices in different locations around the country.Each division is self-contained and caters to the needs of the specific region in which it is located.This is an example of a ______ structure.

• A)market
• B)customer
• C)product
• D)functional
• E)geographic

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Definitions:

Consolidation

The process of combining multiple entities or accounts into a single entity or account for reporting and analysis purposes.

Common Stock

Equity ownership in a corporation, with voting rights and potential dividends, but with dividends paid after preferred shareholders.

Absorbed Firm

A company that has been merged into or acquired by another company, ceasing to exist as an independent entity.

Proxy Contest

A struggle for control of a company, wherein competing parties seek to secure the votes of shareholders through proxy solicitation.