Michael Is the Owner of a Company That Specialises in Gaming

question 149

Multiple Choice

Michael is the owner of a company that specialises in gaming software.The livelihood of the company depends on their ability to create new and innovative games.However,in recent years,customer reviews of the company products have suggested that the products are lacking in creativity.Michael has decided that the structure is inefficiently designed for innovativeness and he has decided to restructure. Michael should change the structure to a(n) :

• A)organic structure
• B)boundaryless organisation
• C)simple structure
• D)bureaucracy

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Definitions:

Cash Payments

Cash Payments are transactions where monetary value is transferred from one party to another in the form of cash or its equivalent to settle a debt or purchase a good or service.

Positive Cash Effect

The increase in the cash holdings of a business, typically resulting from operational activities, investments, or financing activities that bring in more cash.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, recorded in the financial statements.

Land Costing

The total cost associated with acquiring land, including purchase price, closing costs, and any improvements necessary to prepare the land for its intended use.