Scenario - Windmere Technologies

question 11

Multiple Choice

Scenario - Windmere Technologies
Windmere Technologies has been in operation since 1984.Today,Windmere is actually considered to be a globally-based firm with corporate offices in thirteen foreign nations.There is not one office of this company with higher authority or more decision making power than any other of the thirteen in operation.Windmere Technologies is recognized as a business leader in all thirteen nations in which it has corporate offices.According to the CEO of the company,"Windmere considers the world to be its home base." The management has done a good job of creating its organizational structure where people are grouped simultaneously by function and by division.
Windmere is best known for its work in creating alternative energy sources.As this is of vital concern to all nations of the world today,Windmere's ideas and products are welcomed by all nations.This business takes in revenues in excess of $8 billion per year and expects it to substantially increase in the future.
-Which one of the following organizational structures best identifies the one currently used by Windmere Technologies?

• A) Functional structure
• B) Matrix structure
• C) Divisional structure
• D) Market structure
• E) Geographical region structure

Evaluate the importance of timely and proper notification of contractual changes to all parties involved.

Critique legal arguments and outcomes in hypothetical contract law scenarios.

Understand the importance of managing time effectively for personal, academic, and professional success.

Recognize the role of self-motivation in successful online and self-directed learning.

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Definitions:

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered or used but not yet paid for.

Net Income

The residual income of a company once every expense and tax payment has been extracted from revenue.

Amortization Expense

The portion of the cost of an intangible asset that is allocated as an expense over its useful life.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded through the normal accounting process.