You are the CEO of Achilles Incorporation. You have decided to hire other organizations to perform many of the basic functions of your business

You have hired an accounting firm to keep your records, a recruiting firm to handle human resource functions, and a computer firm to handle all records. To keep costs down, you are looking for other areas in which to outsource operations. You have chosen to operate your business as a ________.
A) matrix organization
B) virtual organization
C) highly centralized organization
D) highly formalized organization
E) bureaucracy

B
Explanation: B) A virtual organization is a small, core organization that outsources major business functions.

Business

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__________relies on text-to-speech technologies

A) Seller-side e-commerce B) Voice-based e-commerce C) Traditional commerce D) Mobile commerce

Business

The Garn-St Germain Act of 1982 a. permitted depository institutions to offer money market deposit accounts

b. prevented depository institutions from acquiring problem institutions across geographic boundaries. c. required the Fed to explicitly charge depository institutions for its services. d. allowed the Fed to provide check clearing to depository institutions at no charge.

Business