Examlex
A bond with a credit rating of AA is riskier than a bond with a credit rating of A.
Divisional Structures
A type of organizational structure where operations are grouped based on divisions, which can be defined by geographical area, product lines, or market.
Matrix Structure
An organizational structure that combines two or more types of structures, typically functional and product-based, to leverage the advantages of both.
Software Engineer
A professional who applies engineering principles to the design, development, maintenance, testing, and evaluation of the software and systems that make computers or anything containing software, such as chips, work.
Boundaryless Structure
An organizational structure that is characterized by the elimination of traditional barriers between departments and external environment to foster a more flexible and collaborative work setting.
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Q77: Preferred shares always pay their dividends.