Functional Departmentation May Be Based on Division of the Organization

question 289

Multiple Choice

Functional departmentation may be based on division of the organization according to

• A)different products.
• B)different skills and responsibilities of individuals.
• C)different geographic areas.
• D)different customer types.
• E)different services offered to external customers.

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Definitions:

Depreciation

The reduction in the value of an asset over time, typically due to wear and tear, usage, or aging.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country over a specified period, typically a year.

Imports

Goods or services brought into one country from another for sale.

Exports

Goods or services sent from one country to be sold in another country.