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NEW QUESTION: 1
A broker can consider a deal as done if:
A. One party acknowledges interest.
B. He receives verbal acknowledgement from the dealer.
C. Both parties have established credit lines for each other.
D. He is confident that the dealer will not back out of the deal.
Answer: B

NEW QUESTION: 2
An organization has 10 groups of teams that each consists of multi-skilled workers. Workers are often transferred between teams when needed, and communication among and within groups is emphasized. The corporation would be classified as a(n)
A. Network organization.
B. Virtual organization.
C. Cluster organization.
D. Hourglass organization.
Answer: C
Explanation:
A cluster organization is essentially a group of teams. The workers are often multi-skilled and shift among teams as needed. The workers undergo special training and team-building exercises. The pay is also based upon knowledge.

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