Legazint, a law firm, organizes its staff into departments based on the type of clients the department deals with. These departments include sole proprietorships, federally incorporated organizations, partnerships, limited liability companies, and corporations. In the context of the approaches to structural design, Legazint most likely follows .
a. a geographic-based division
b. a customer-based division
c. the functional approach
d. the matrix approach

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan