Reference no: EM132255766

Corporate governance is a term describing the oversight of a firm by its

A) executive staff and stakeholders.

B) executive staff and stockholders.

C) executive staff and board of directors.

D) stockholders and board of directors.

E) stakeholders and board of directors.

Scenario B. PowerSounds Inc. is a manufacturer of audio equipment. The corporation has production, marketing, accounting, and finance departments. They have a department that makes speakers, turntables, and accessories for professional DJs, and a department that produces equipment for home use. Marlena works in the production department manufacturing speaker components. She reports to the production manager and her project manager. Emmanuel works in the accounting department and also manages public relations. The organization requires all the employees to wear the corporation's T-shirt as part of the uniform. There are also specific procedures that the employees must follow while manufacturing the instruments.

From Scenario B, it can be inferred that Marlena works in a ________ department.

A) flat

B) wide

C) narrow

D) line

E) staff

Under the product structure of divisional organization, 19)

A) Coordination across product lines is easy.

B) decision making is decentralized.

C) task responsibilities may be ambiguous.

D) duplicating functions is inexpensive.

E) companies suited to stable environments function best.