The Primary Factors That Cause Firms to Change from a Functional

question 31

True/False

The primary factors that cause firms to change from a functional structure to a multidivisional structure are the CEO's increasingly limited ability to set a strategic direction for the firm and the focus of functional managers on local issues.

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Definitions:

Collecting Conversations

Refers to the practice of gathering and analyzing discussions and dialogues from various platforms to gain insights into opinions, trends, and behaviors.

Established Criteria

Established criteria denote the specific standards or requirements set forth for evaluating or judging something, often used in assessments or decision-making processes.

Social Monitoring

The practice of tracking social media channels to gather insights about the audience's opinions, trends, and the performance of social content.

Listening

The active process of receiving and responding to spoken or non-verbal messages, demonstrating attention and understanding.