Company ABC and Company XYZ are preparing for a merger but the two currently have very different organizational structures. Consequently, Lance has been hired as a consultant to reorganize the newly formed company
He envisions the project-based company as having employees grouped together based on their function, with the possibility of being accountable to both a department supervisor and a project manager. A large number of team members with specialized knowledge will report to a small, centralized group of top managers. What type of organizational structure best matches Lance's vision?
A) flat
B) matrix
C) horizontal
D) vertical
E) inverted
Answer: D
Explanation: D) A vertical organizational structure has multiple authority figures in charge and utilizes employees with specialized expertise.
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Fill in the blank(s) with correct word
Kitsch Niche Corporation is a noninvestment company that wants to issue $3 million of stock in a twelve-month period. Kitsch Niche, with less than $20 million in annual sales, qualifies as a small business issuer. Before Kitsch Niche sells the stock, it must provide investors with
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A ________ is a person or an organization that seeks to obtain or alter data or other IS assets illegally, without the owner's permission and often without the owner's knowledge.
A. key escrow B. vulnerability C. threat D. cipher E. target
Services are easily inventoried to buffer fluctuations in demand
Indicate whether the statement is true or false