You Have Learned About the Traditional and New Design Options

question 58

Multiple Choice

You have learned about the traditional and new design options for organizational structures. You have decided that one of the designs developed during the last decade or two is probably the most appropriate for your newly-formed organization.
-You have eliminated horizontal, vertical, and external barriers within your organization. You are operating as a ________.

• A) matrix organization
• B) virtual organization
• C) team structure
• D) boundaryless organization
• E) organizational pyramid

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Definitions:

Managerial Personnel

Employees who are responsible for making key decisions and overseeing the operations of a company, including executives and departmental managers.

Asset Revaluation Surplus

The increase in value of an asset, reflected on a company's financial statements, after it has been revalued to its current market value.

General Reserve

Funds set aside by a company from its profits for general unspecified future risks or obligations.