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Firms Switch from a Functional Structure to a Multidivisional Structure

question 60

True/False

Firms switch from a functional structure to a multidivisional structure because greater levels of environmental complexity and uncertainty make it necessary for the firm to develop cooperative relationships with its stakeholders.


Definitions:

Column Chart

A graphical representation of data, where each category is represented by a column, the height of which corresponds to its value or frequency.

Sizing Handle

A graphic tool in user interfaces that allows users to manually adjust the size of an element.

Macro Dialog Box

A user interface element that prompts users to input or confirm information when executing a macro, which is a set of automated commands in software applications.

Workbook

A file containing one or more spreadsheets, used in programs like Microsoft Excel for organizing data.

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