Asked by Dalton Pershing on Sep 24, 2024

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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.
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Verified Answer

SR
Scott Royal3 days ago
Final Answer :
B
Explanation :
In a functionally organized firm, different divisions perform separate tasks that are aligned with their specific functions or areas of expertise. This allows for specialization and efficiency within each division, and promotes a clear chain of command and accountability.