An Automobile Plant Performs Predominantly Routine Operating Tasks,such as Installing

question 24

Multiple Choice

An automobile plant performs predominantly routine operating tasks,such as installing brakes.What type of structure is this?

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

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Definitions:

Nonmonetary Costs

Costs associated with a purchase that are not financial, such as time spent, effort, and emotional stress.

Opportunity Costs

The value of the best alternative forgone when a decision is made to pursue a particular action or investment.

Tangible Costs

Direct costs associated with the production or purchase of a good or service that can be easily quantified.

Value

The importance, worth, or usefulness of something to a person or in the market.