Asked by Dalton Pershing on Sep 24, 2024
Verified
A functionally organized firm is one in which
A) Various divisions perform the same task
B) Various divisions perform separate tasks
C) Various divisions compete with each other
D) Various divisions handle the same production function
Functionally Organized Firm
A firm in which various divisions perform separate tasks, such as production and sales.
Divisions Perform
Divisions perform refers to the operational and financial performance of separate business units or segments within a larger company, often evaluated to assess their contribution to the overall success of the corporation.
Production Function
An economic model that expresses the relationship between inputs and the maximum output that can be produced with those inputs.
- Grasp the aspects and merits of functional organization within enterprises.
Verified Answer
Learning Objectives
- Grasp the aspects and merits of functional organization within enterprises.
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