You Are the CEO of Apex Systems

question 66

Multiple Choice

You are the CEO of Apex Systems. You have decided to hire other organizations to perform many of the basic functions of your business. You have hired an accounting firm to keep your records, a recruiting firm to handle human resource functions, and a computer firm to handle all records. To keep costs down, you are looking for other areas in which to outsource operations. You have chosen to operate your business as a ________.

• A) matrix organization
• B) virtual organization
• C) highly centralized organization
• D) boundaryless organization
• E) beaureaucracy

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Definitions:

Harvesting

The process of gathering ripe crops from the fields, or in a broader business context, the act of capturing value from a business initiative or venture once it has matured.

Real GDP

The measure of the value of economic output adjusted for price changes (inflation or deflation), providing a more accurate reflection of an economy's size and growth.

Energy Consumption

The amount of energy used by devices, systems, or processes, typically measured over a specific time frame.

Energy Information Administration

A U.S. Government agency responsible for collecting, analyzing, and distributing energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.