Lito works for a business that is part of a large corporation with many diverse business lines that operate autonomously.Lito's business designs and manufactures playground equipment, but the corporation also owns asphalt paving companies, a producer of modular housing, a small amusement park, and a real estate firm.Given this, it seems likely that the parent corporation that owns this diverse portfolio of businesses uses a __________ structure.
A)matrix
B)divisional
C)conglomerate
D)modular

Question

Quizplus · Accepted Answer

A conglomerate structure is used when a corporation owns multiple, diverse businesses that operate autonomously. In this case, the parent corporation owns a playground equipment business, an asphalt paving business, a modular housing producer, an amusement park, and a real estate firm, which all operate independently.

Lito Works for a Business That Is Part of a Large