A _________ Structure Is Designed Around a Central Core of Key

question 118

Multiple Choice

A _________ structure is designed around a central core of key functions and outsources other functions to other companies or individuals who can do them cheaper or faster.

• A) Hollow
• B) Modular
• C) Matrix
• D) Horizontal
• E) Virtual

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Definitions:

Inventory Holding Cost

Expenses related to storing unsold goods, including warehousing, insurance, depreciation, and opportunity costs.

Subcontractingcost

The expense incurred when a business hires outside contractors to perform tasks that could be done internally or as part of a project.

Inventory Holding Cost

Inventory holding cost refers to the total cost associated with storing unsold goods or materials, including warehousing, depreciation, insurance, and obsolescence costs.

Subcontracting

The practice of assigning part of the obligations and tasks of a contract to another party, often to specialize or expedite processes.