Departmentalization by May Result in Significant Cost Savings and Better

question 42

Short Answer

Departmentalization by may result in significant cost savings and better coverage, but it may isolate work groups from activities in an organization's home office.

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Definitions:

Industry

The organized action of making goods and services available for consumer use through the production, manufacturing, or construction processes.

Payoff Matrix

A table that shows the potential outcomes of different strategies in a game or decision-making situation.

Compete

The act of entities striving against each other to attain a goal, such as a higher market share or win.

Cooperate

The act of working together towards a common goal or benefit.