The __________ approach is an organization structure in which the firm subcontracts most of its major functions to separate companies and coordinates their activities from a small organization at headquarters.
A) diversification
B) team
C) virtual network
D) divisional
E) functional

Question

Quizplus · Accepted Answer

The virtual network approach is an organization structure in which the company outsources most of its major functions to separate companies and coordinates their activities from a small organization at headquarters. This approach is also known as the network structure, and it allows the firm to focus on its core competencies while leveraging the expertise of other companies in the network.

The __________ Approach Is an Organization Structure in Which the Firm