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Most Fortune 500 Companies Use a Functional Structure Because It

question 71

True/False

Most Fortune 500 companies use a functional structure because it allows them to grow and expand their operations while maintaining control over their activities.


Definitions:

Book Value

Book value is the net value of a company's assets as recorded on the balance sheet, calculated by subtracting liabilities from the total value of assets.

Gain On Exchange

The profit realized from exchanging one asset for another asset of greater value.

Depletion

The systematic allocation of the cost of natural resources over their productive lives is known as depletion, reflecting the reduction in the availability of resources as they are extracted or utilized.

Natural Resource

Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.

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