Gore Associates Has Virtually No Hierarchy

question 104

Multiple Choice

Gore Associates has virtually no hierarchy.The corner rooms are conference areas so no one has the corner office.Buildings accommodate 150 people so everyone knows each other and groups form based on personal knowledge of each other's strengths.Which of the following terms best describes its organizational design?

• A)Team
• B)Virtual
• C)H-form
• D)U-form
• E)Learning

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Definitions:

Tax Rate

The percentage at which an individual or entity is taxed on their income or property.

Employee Stock Ownership Plans

Retirement plans designed to give employees ownership interest in the company by allowing them to acquire stock, contributing to company success and employee benefit.

Tax Advantages

Financial benefits derived from specific tax laws or regulations that reduce the amount of tax payable to federal or state governments.

Risk-Free Retirement

A concept of planning for retirement in a way that minimizes exposure to financial risks and uncertainties.