The Increasing Recognition That an Organization Has Only a Few

question 75

Multiple Choice

The increasing recognition that an organization has only a few core competencies is one of the forces pushing towards more:

• A)functional structures.
• B)simple structures.
• C)client-based divisionalized structures.
• D)network structures.
• E)team-based structures.

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Definitions:

Liquidity

The measure of how easily assets can be converted into cash with little impact on their value; crucial for the smooth operation of financial markets.

Smaller Corporation

A smaller-sized company with lower revenue and fewer employees compared to larger corporations within the same industry.

Call Premium

The amount by which the call price of a bond or preferred stock exceeds its face value or issue price.

Par Value

The face value of a bond or stock as stated by the issuing company, typically not indicative of market value.