Because Sheer Size Makes It Difficult for Managers to Oversee

question 82

Multiple Choice

Because sheer size makes it difficult for managers to oversee operations and serve customers,most large companies are structured as _____ organizations.

• A)matrix
• B)divisional
• C)functional
• D)departmental

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Definitions:

Financial Decision Making

The process of making choices related to finance, such as investments, budgeting, and funding, based on analyses and strategies.

Recording

The process of entering financial transactions and other information related to business operations into the accounting system.

Owner's Equity

After settling all obligations, the balance of an entity's assets stands as a representation of the shareholder or owner's equity.

Additional Investments

Funds or assets that an investor or business owner contributes to a business beyond the initial investment, to support operations or expansion.