What Is the Term for When an Organization Departmentalizes by Brand

question 12

Multiple Choice

What is the term for when an organization departmentalizes by brand?

• A) Guest
• B) Product
• C) Territory
• D) Function

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Definitions:

Governmental Fund

A type of fund used in governmental accounting that focuses on the sources, uses, and balances of governmental financial resources, excluding proprietary and fiduciary activities.

Fund Financial Statements

Financial reports that detail the income, expenditures, and other financial activities of a specific fund within an organization.

Facility Closure

The process of permanently shutting down operations at a business location, often involving asset disposal and employee layoffs.