A ________ Is One Where There Is an Owner and Usually

question 14

Multiple Choice

A ________ is one where there is an owner and usually a few employees where the arrangement of tasks,responsibilities and communication is highly informal and accomplished through direct supervision.

• A) Matrix structure
• B) Functional structure
• C) Strategic business unit
• D) Simple organizational structure

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Definitions:

Beta Coefficients

A measure in regression analysis that indicates the change in the dependent variable expected for a one-unit change in the independent variable.

Categorical Variable

A variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or other unit of observation to a particular group or nominal category.

Coding

The process of transforming computer algorithms into a sequence of instructions that can be executed by a computer.

Multiple Linear Regression

A statistical method that employs multiple explanatory variables to forecast the result of a dependent variable.