In the Design of an Organization,another Name for "Market Structure

question 26

Multiple Choice

In the design of an organization,another name for "market structure" is __________________ structure.

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

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Definitions:

Bailment Contract

An agreement where physical possession of personal property is transferred from one party to another, with the understanding that the property will be returned.

Contract Frustration

A legal principle that releases both parties from their contractual obligations when an unforeseen event renders the contract physically or commercially impossible to perform.

Commission Payment

A method of remuneration for services or facilitating transactions, typically calculated as a percentage of the transaction value.

Non-refundable Deposit

A sum of money paid in advance as part of a total payment that is not returned, regardless of whether a service or product is ultimately provided.