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Barclay developed two interactive computer games.He didn't do it entirely alone.Last year he started a small company,hired two programmers,and a marketing graduate.He considers himself a cutting-edge kind of guy and wants to position his company the same.Soliciting your advice as to how he should structure his organization as he moves forward,you suggest that he hire a few potential customers to join his team of employees as product testers.And,maybe he should solicit globally.The structure you have described would simulate a line and staff organization.
Including potential customers on a work team simulates a cross- functional self-managed team.
Semi-Annually
Occurring twice a year; a term often used in the context of paying interest or dividends.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, considering all interest payments and the principal repayment.
Par
The face value of a bond or other security, at which it can be redeemed at maturity or the amount of money equal in value to a particular share or bond.
Coupon
The yearly payment of interest to those holding bonds, represented as a percentage of the bond's nominal value.
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