A(n) ___ Operates in a Shifting Network of External Strategic

question 156

Multiple Choice

A(n) ___ operates in a shifting network of external strategic alliances that are engaged as needed, and typically are supported by extensive information technology (IT) utilization.

• A) matrix organization
• B) collaborative organization
• C) functional organization
• D) divisional organization
• E) virtual organization

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Definitions:

Horizontal Integration

A strategy where a company acquires, merges with, or becomes partners with other companies in the same industry at the same stage of production.

Legal Status

Pertains to the lawful recognition of an entity's existence by government authority, determining its ability to enter into agreements, sue, or be sued.

Acquiring Firm

A company that purchases or merges with another company, typically to expand its operations or enter into new markets.

Subsidiary

A company that is completely or partially owned and wholly controlled by another company, known as the parent company.