A Divisional Structure

question 21

Multiple Choice

A divisional structure

• A) is organized around functional area departments.
• B) typically improves the performance of firms pursuing a strategy of vertical integration.
• C) facilitates the development of general managers.
• D) enhances centralized decision making.

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Definitions:

Social Facts

Aspects of social life that exist outside and independently of individual consciousness and exert influence on individual behavior, as conceptualized by Émile Durkheim.

Western Marxism

A form of Marxist theory that emphasizes culture and ideology as significant factors in the struggle for social change, diverging from orthodox Marxism's focus on economic forces.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods determined mainly by competition in a free market.

Hegelian-Marxist

An approach blending Hegel's dialectical method and Marxist theory to analyze and interpret societal changes and relationships.