quiz 1

A business organization that has a separate legal.

personality from its owners

A type of business unit where owner faces unlimited liability

• Corporation

• Sole proprietorship

• Cooperative

A type of business that is operated solely for the benefit of those who own it and use its services

This type of organizational structure shows cross-functional teams that form for special projects

Similar to a hierarchical organizational structure, it starts with positions with the highest levels of responsibility at the top and goes down from there. Primarily, though, employees are organized according to their specific skills.

• Hierarchal org structure

• Team organizational structure

• Functional org structure

1. The pyramid-shaped organizational chart.

• Hierarchal org structure

• Functional org structure

• Hierarchal org structure

An organizational structure that can also describe as an internal structure that focuses more on open communication and relationships rather than hierarchy.

• matrix organizational

• Hierarchal org structure

• Network organizational structure

1. An structure is meant to disrupt the traditional hierarchy, focusing

more on problem solving, cooperation, and giving employees more control.

• Functional org structure

• Hierarchal org structure

• team organizational structure

It’s the most common type of organizational

• Hierarchal org structure

• Functional org structure

• Network organizational structure

Refers to the number of people the manager controls.

• Span of control

• Unity of command