Use the Information Given to Answer the Questions That Follow

question 93

Multiple Choice

Use the information given to answer the questions that follow.
Scenario B. At a business convention, you meet the managers of many organizations. You find that they hold different job titles. Phil is the vice president for production at his company and Sherry is the regional vice president for eastern United States at her firm. Jerry is the coordinator for sales and he reports to his marketing supervisor as well as to his department supervisor.
-In the context of the above scenario, Jerry works for a _____ organization.

• A) functional
• B) divisional
• C) network
• D) traditional
• E) matrix

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Definitions:

Strategic Planning

Strategic planning is the process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Self-Improvement

The pursuit of personal growth by improving one's abilities, knowledge, and qualities.

Grade Point Average

An educational scoring system that calculates the average of all grades obtained by a student, indicating their academic performance.

Break-Even Analysis

A financial calculation that determines the point at which revenue received equals the costs associated with receiving the revenue, thereby resulting in neither a profit nor a loss.