Which of the Following Is a Disadvantage of Using a Functional

question 90

Multiple Choice

Which of the following is a disadvantage of using a functional structure?

• A) Reduced specialization.
• B) Slow execution of strategic changes.
• C) Increased costs.
• D) Increased inefficiency.
• E) Informal distribution of tasks.

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Definitions:

Good X

A symbolic term often used in economics to represent any generic commodity or product under consideration for analysis.

Units

Measurements or quantities ascertained by established standards used for trading, scientific experiments, and other purposes.

Utility Function

Refers to the model used by economists to estimate the level of utility or satisfaction a consumer derives from the consumption of goods and services, highlighting consumer preferences.

Budget Constraint

A representation of all the combinations of goods and services a consumer can purchase with their income at given prices.