If One Had a Company with 1700 Employees and No

question 5

Multiple Choice

If one had a company with 1700 employees and no formal headquarters,one could be said to have a(n)

• A)telecommuting company
• B)virtual organization
• C)electronic firm
• D)wireless organization
• E)global organization

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Definitions:

Competitive Scope

The breadth and depth of a company's competitive arena, including the number and types of markets it competes in.

Organizational Structure

The way in which a company or organization is arranged, including the hierarchy of roles and the layout of departments.

Geographical Distribution

The physical location where products are sold or the spread of a population across a given area.

Product Differentiation

The strategy of distinguishing a product or service from others in the market to make it more attractive to a specific target market.