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:

Capital Expenditures

Money allocated by a business to purchase or improve tangible assets like land, factories, or machinery.

Operating Efficiency

A measure of how well a company uses its resources to produce goods or provide services.

Useful Life

The estimated duration of time a fixed asset is expected to be economically useful to the owner, used for depreciation calculations and planning.

Insurance During Transit

A policy that provides coverage for goods against loss or damage while they are being transported.