In the stock brokerage business, Schwab, Fidelity, and others offer back-office work as a service. Financial advisers can leave the large firms like Merrill Lynch and go out on their own. These advisers have created O functional departmentalization modular organizations customer departmentalization

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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In the stock brokerage business, Schwab, Fidelity, and others offer back-office work
as a service. Financial advisers can leave the large firms like Merrill Lynch and go out
on their own. These advisers have created
functional departmentalization
modular organizations
customer departmentalization
Co. has a provim. Some people want to mu
Headq
weather and others do not. There are many factors to consider, and
will weigh the factors differentlv. To reach a common decision. thev
JE
Q
F4
%
tv
F5
F6
&
A
F7
-A
*
Aa
DII
F8
8
F9
F10
O
25
F11
Transcribed Image Text:In the stock brokerage business, Schwab, Fidelity, and others offer back-office work as a service. Financial advisers can leave the large firms like Merrill Lynch and go out on their own. These advisers have created functional departmentalization modular organizations customer departmentalization Co. has a provim. Some people want to mu Headq weather and others do not. There are many factors to consider, and will weigh the factors differentlv. To reach a common decision. thev JE Q F4 % tv F5 F6 & A F7 -A * Aa DII F8 8 F9 F10 O 25 F11
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