A multidivisional structure is characterized by a corporate headquarters staff which is composed of corporate managers who are responsible for overseeing the activities of the divisional managers heading up the different divisions

While leadership requires structuring the organization, staffing it with capable people, and monitoring activities; management goes beyond these functions by inspiring people to attain the vision.

a. true b. false

If, upon the receipt of an offer to purchase his property subject to certain conditions, the seller makes a counteroffer, the prospective buyer is

A) bound by his original offer. B) bound to accept the counteroffer. C) bound by whichever offer is lower. D) relieved of his original offer.