Asked by Alyssa Montoya on Sep 24, 2024
Verified
Which of the following is TRUE about firms organized along functional lines?
A) Workers find it difficult to develop functional expertise
B) Workers find it difficult to share information within their division
C) They foster the exploitation of economies of scale
D) All of the above
Functional Lines
The division of a business into departments or teams based on functions such as marketing, finance, or operations.
Functional Expertise
Specialized knowledge and skills in a particular area or department within an organization that contribute to its efficiency and success.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, typically resulting from factors like mass production and bulk purchasing.
- Apprehend the nuances and advantages of functional organization in business organizations.
Verified Answer
Learning Objectives
- Apprehend the nuances and advantages of functional organization in business organizations.
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