In a Large,multinational Company,several of the Tasks Are Split Out

question 97

Multiple Choice

In a large,multinational company,several of the tasks are split out across several states and countries.Each location has a specific component of the overall product.An employee survey recently revealed that employees had a weak conceptualization of the company's overall mission.This company has a

• A)mechanistic structure.
• B)divisional structure.
• C)modular structure.
• D)network structure.
• E)functional structure.

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Definitions:

Accounting Profits

The difference between total revenues and explicit costs, representing the net income a company reports on its financial statements.

Most Efficient Output

The level of production at which a firm operates with the lowest average total cost, achieving optimal efficiency.

Long Run

A period in economic analysis in which all inputs can be adjusted and no factors are fixed.

Perfect Competition

a market structure characterized by a large number of small firms, producing identical products, with no single firm able to influence the market price.