An Organization with Departmentalization That Groups Units Around Products, Customers

question 103

Multiple Choice

An organization with departmentalization that groups units around products, customers, or geographic regions is known as a:

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

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Definitions:

Infringes

To violate, as in breaking the terms of a law or a right.

Registered Trademark

A trademark that has been officially recognized and recorded by a governmental entity, granting exclusive rights to the owner for its use in commerce.

License

A license is a legal permission granted by an authority allowing an individual or entity to do something that would otherwise be illegal or infringing on certain rights.

Patent Agreement

is a legal contract in which the patent holder grants permission to another party to use, manufacture, sell, or distribute the patented invention under defined terms and conditions.