What Is an Advantage of the Functional Organization Structure

question 125

Short Answer

What is an advantage of the functional organization structure?
The members of the organization speak a foreign language.
The organization is staffed with people who have expert knowledge about the product.
Coordinating highly specialized functions is easy.
Members of the organization report to two or more managers.
The functions are performed by experts in their field.

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Definitions:

Monetary Stimulus

Economic policy measures undertaken by central banks to increase the money supply and lower interest rates, aimed at boosting economic activity.

High Inflation

A situation where the general level of prices for goods and services rises rapidly over a period of time, eroding purchasing power.

Recession

A period of economic decline across the market, often recognized by a decrease in GDP for two consecutive quarters.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries they are charged with regulating, often leading to decisions that benefit the industry rather than the public interest.