Zenith Corp

question 70

Multiple Choice

Zenith Corp.is in the process of creating a new product.The CEO places authority and responsibility jointly in the hands of the marketing manager,the production manager,and the financial manager.They tend to make decisions based on consensus.What type organizational structure is evident in this scenario?

• A)Line
• B)Committee
• C)Matrix
• D)Staff

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Definitions:

Aggregate Income

The total income earned by all individuals and entities in an economy over a specified period.

Income

Money received, especially on a regular basis, for work or through investments.

Net Taxes

The total taxes paid to the government minus any government transfers or subsidies received.

Taxes

Compulsory financial charges imposed by a government on its citizens to fund public expenditures.