Refer to the Scenario Below to Answer the Questions That

question 14

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
Alberta Gold Energy Corporation (Scenario)
Alberta Gold Energy Corporation (AGEC) began as a relatively small oil company.However,through the years it has grown to become an international corporation.Its founder and president,Joe Polanski,reflects on how the company's structure has evolved over the years.
-The original entrepreneurial venture consisted only of Mr.Polanski and a few employees.It was an informal organization,and everyone reported to Mr.Polanski.This is best described as a ________ structure.

• A)simple
• B)functional
• C)divisional
• D)matrix
• E)virtual

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Definitions:

Origin Contract

An agreement made between parties in the country of exportation, dictating the terms of the exchange of goods or services.

Risk Of Loss

The possibility that an asset or investment's value will decrease due to changes in market conditions or other factors.

Insurance Coverage

A contract between an individual or entity and an insurance company, detailing the terms under which the insurer will compensate the insured for specified losses.

Harry Levinson

A psychologist known for his work in applying psychological insights to the practice of management and organizational consulting.