Read the following passage and complete the questions that f…
Questions
Reаd the fоllоwing pаssаge and cоmplete the questions that follow. Two voyages at the turn of the sixteenth century laid the foundations for the Portuguese Empire in America and the Orient. In 1497, Vasco da Gama (1469 – 1524) left Lisbon, Portugal, in four ships, rounding the Cape of Good Hope after 93 days on the open sea. While visiting and raiding the East African ports, da Gama picked up an Arab pilot, who brought the fleet across the Indian Ocean to Calcutta, on the western coast of India. When he returned to Lisbon in 1499, da Gama had lost two ships and a third of his men, but his cargo of pepper and cinnamon returned the cost of the expedition 60 times over. Shortly afterward Pero Cabral (1468 – 1520), commanding a large fleet on a second voyage to India, bore too far west and sighted the east coast of Brazil. The new western territory was so unpromising that it was left unoccupied until 1532, when a small settlement was established at Sao Vicente. In the 1540s it had attracted only some 2000 settlers, mostly men, although a few Portuguese women came after the arrival of the lord protector’s wife and her retinue in 1535. The colony served mostly as a place to send convicts in the sixteenth century. By 1600, it had only 25,000 European residents. Brummett, et. al, Civilization Past and Present, 9th ed. 2000. The topic of this passage is
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Yоu аre the CEO аnd Cо-Fоunder of Vаnguard Lending, a company specializing in fix-and-flip loans for non-owner-occupied investment properties. You are leading a meeting with your top executives to decide on a specific organizational structure for the company.The core employees of Vanguard Lending include:Lending/Credit Department: Loan officers and credit analysts working under a Chief Lending Officer to evaluate loan requests.Accounting Department: Comptroller, accountants, CPA, and bookkeepers.HR Department: Responsible for hiring and personnel management.IT Department: Supporting both physical and online operations.Risk Department: Focused on collateral evaluation and risk management.Legal Team: Handling contracts, compliance, and legal risk.Some employees have expressed interest in flexible work arrangements such as flexible schedules, hybrid work, remote work, or compressed workweeks.Task:Choose one specific organizational structure (for example: functional structure or divisional structure from the traditional designs, or team-based structure, matrix structure, project structure, or virtual structure from the modern designs). Clearly explain why this structure is the best fit for Vanguard Lending.Address employee concerns about flexible work. Decide which type(s) of flexible work schedule(s) you will allow and explain which jobs/departments can adopt flexibility and which cannot, with reasons.Requirements:Your response must be in complete sentences.Provide well-developed explanations for both your organizational structure choice and your flexible work policy decisions.