The Structure That Creates Dual Lines of Authority and Combines

question 26

Multiple Choice

The structure that creates dual lines of authority and combines functional and product departmentalisation is the:

• A)bureaucracy.
• B)matrix structure.
• C)virtual organisation.
• D)simple structure.

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Definitions:

Control Premium

An additional amount that a buyer is willing to pay over the current market value of a company to obtain controlling interest.

Consolidate

To combine assets, liabilities, and other financial items of two or more entities into one.

Financial Data

Quantitative information pertaining to financial transactions, including earnings, expenditures, assets, liabilities, and equity.

Controlling Interest

Ownership interest in a business entity that gives the holder the power to direct or influence the direction of management and policies.