Communication Flows Laterally Between Divisions and Vertically Between Corporate Headquarters

question 67

True/False

Communication flows laterally between divisions and vertically between corporate headquarters and divisions in a company that pursues an unrelated diversification strategy.

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Definitions:

Financing Statement

A document filed to give public notice of a security interest in personal property, securing payment or performance of an obligation.

Ordinary Course

An action or routine that falls under the usual and customary conduct of a business or an individual’s daily activities.

Security Interest

A legal claim or right on assets granted to a creditor to secure the repayment of a debt.

Car Buyer

An individual or entity that purchases a vehicle for personal use, commercial use, or resale.