Which of the Following Is Not a Service Organisation That

question 21

Multiple Choice

Which of the following is not a service organisation that may be able to provide data on business practices, legislative or regulatory requirements and political stability?

• A)Freight forwarders and airlines
• B)Banks
• C)Accounting firms
• D)All these choices are correct.

---

Definitions:

Functional Organization

An organizational structure where the company is divided into departments based on their functions or specialties, such as marketing, finance, and operations.

Collaborative Structure

An organizational format that promotes teamwork and joint efforts across departments or groups to achieve common objectives.

Matrix Structure

A management approach that organizes employees by both function and product, allowing for more efficient communication across departments.

Binding Minimum Wage

A fixed minimum salary that employers are legally obligated to pay their employees, typically set above the equilibrium wage, leading to potential surpluses in labor.