Innova Corp

question 35

Multiple Choice

Innova Corp. ,a computer hardware firm,is subdivided by its different lines (such as laptops,desktops,mobile devices,printers,and servers) .Innova is departmentalized by _____.

• A)process
• B)function
• C)product
• D)customer

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Definitions:

Market Rate

The Market Rate is the current price or rate at which a good or service can be bought or sold in a competitive marketplace.

Issue Price

It refers to the price at which a new security, such as a bond or stock, is offered to the public for sale.

Present Value

The present value of a future amount of money or succession of cash flows, assuming a certain rate of return.