An Organizational Design

question 78

Multiple Choice

An organizational design:

• A) is the process of creating structures that accomplish mission and objectives.
• B) is a system of tasks, reporting relationships, and communication linkages.
• C) is a group of related tasks that collectively creates a valuable work product.
• D) identifies the informal structures and their embedded social relationships that are active in an organization.
• E) is a cooperation agreement with another organization to jointly pursue activities of mutual interest.

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Definitions:

Present and After-Acquired Equipment

Refers to a security interest in equipment that a borrower currently owns and any equipment they will acquire in the future.

Unperfected

A legal term describing a security interest or lien that has not been properly filed or recorded, and therefore does not have priority over claims made by other creditors.

Financing Statement

A document filed to give public notice of a security interest in personal property, thereby protecting the interests of secured creditors.

Consumer Goods

Products that are purchased for consumption by the average consumer, including items such as food, clothing, and household products.