The Success of the Multidivisional Structure as an Organizational Form

question 10

Multiple Choice

The success of the multidivisional structure as an organizational form was because:

• A)Line-and-staff structures allowed companies to serve to a broader geographical area
• B)The separation of strategic from operational decision allowed corporate management to exercise more effective strategic and financial control
• C)Divisions were forced to compete with one another for corporate resources
• D)It permitted decision making ot be decentralized

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Definitions:

Enforceable Legal Agreement

A contract or agreement that is valid under the law and can be upheld and compelled through legal action.

Special Accounting Software

Customized software solutions designed to meet the unique accounting and financial management needs of specific businesses or industries.

Parol Evidence Rule

The rule that states that evidence of oral statements made before signing a written agreement is usually not admissible in court to change or to contradict the terms of a written agreement.

Wire Transfer

An electronic method of transferring funds from one person or institution to another, typically used for immediate and secure transactions.