The Focus of This Organizational Structure Is on the Technical

question 57

Multiple Choice

The focus of this organizational structure is on the technical excellence and cost competitiveness of the company's products, as well as the importance of each functional component's contribution of expertise to the company's products.

• A) Matrix
• B) Functional
• C) Progressive
• D) Project

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Definitions:

Average Inventory

A metric that estimates the amount of inventory a business has on hand over a certain period, calculated by taking the sum of the beginning and ending inventory levels divided by two.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made on a periodic basis, as opposed to continuously.

Cost Of Goods Sold

The direct financial outlays for labor and materials that are necessary for producing goods a company sells.