Red Finch Products Inc

question 6

Multiple Choice

Red Finch Products Inc.groups employees based on whether they are going to handle the sales account of a wholesale customer,regular consumer,first-time buyer,or a one-time buyer.Which of the following methods of departmentalization is the company using?

• A)Product departmentalization
• B)Geographical departmentalization
• C)Functional departmentalization
• D)Customer departmentalization
• E)Process departmentalization

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Definitions:

Expected Rate

Expected rate typically relates to the anticipated return or yield on an investment over a specific period.

Probability

A quantification of the chance that an event happens, represented by a numerical value ranging from 0 to 1.

Annual Returns

The percentage change in an investment's value over a one-year period, taking into account both capital gains and dividends.

Probability

The measure of the likelihood that an event will occur, quantified between 0 and 1.