Reporting Relationships Within a Company Are Indicated on an Organization

question 67

Multiple Choice

Reporting relationships within a company are indicated on an organization chart and represent

• A) organizational structure.
• B) mission and strategy responsibility.
• C) areas of specialization.
• D) chain of command.
• E) decision-making responsibility.

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Definitions:

Strengths

Positive attributes or characteristics within an organization or individual that provide advantages in achieving objectives or competing in the marketplace.

Weaknesses

Characteristics or areas within an entity or system that reduce its effectiveness or performance compared to the ideal or standard.

Competitive Advantage

A unique attribute or position a company holds that allows it to outperform its competitors, generating greater sales or margins.

Market Share

The percentage of an industry's sales that a particular company or product commands within a specific time period.