At Landmark Constructions,crucial Projects Are Handled Completely by Project Managers

question 74

Multiple Choice

At Landmark Constructions,crucial projects are handled completely by project managers who are empowered to borrow marketing,sales,engineering,finance and R&D staff,and other employees from various parts of the organization to complete their projects.Identify the departmentalization mode being used in this company.

• A)customer
• B)matrix
• C)product
• D)geographic
• E)functional

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Definitions:

Authorized Agent

An individual or entity that has been given the legal authority to act on behalf of another person or entity in business transactions or negotiations.

Primary Liability

The foremost responsibility to pay or perform under a legal obligation, without recourse to others for reimbursement.

Secondary Liability

Legal responsibility that arises from helping, enabling, or indirectly contributing to the infringement or wrongdoing by another.

Presentment

The act of formally presenting a financial document, such as a check or draft, for acceptance or payment.