Which of the Following General Statements About Divisions Is Not

question 15

Multiple Choice

Which of the following general statements about divisions is not true -

• A)there is no need to allocate if 100% of the amount is assigned to one division
• B)division reports can be used for business planning
• C)new divisions can be added at any time in the business
• D)all of the above statements are true

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Definitions:

Turnaround Strategy

Strategic actions taken by a company to reverse a period of decline or poor performance and achieve financial recovery.

Workforce

The collective group of people who work in an organization or are available to work in a country or area, including both the employed and the unemployed.

Cost Leadership Strategy

A business approach aimed at becoming the lowest cost producer in an industry, allowing it to undercut competitors on price while maintaining profitability.

Prospector Strategy

A business approach focusing on innovation and exploration, seeking to discover new opportunities and markets.