Disadvantages of _____ Include Difficulty in Cross-Departmental Coordination, Slow Decision

question 96

Multiple Choice

Disadvantages of _____ include difficulty in cross-departmental coordination, slow decision making, and managers and workers with narrow experience and expertise.

• A)product departmentalization
• B)customer departmentalization
• C)geographic departmentalization
• D)functional departmentalization
• E)hierarchical departmentalization

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Definitions:

Sources Of Wealth

The origins and means through which individuals or societies acquire economic resources and increase their financial assets, including labor, investment, entrepreneurship, and natural resources.

Colonial Nations

Refers to countries that were established or expanded by conquering and governing foreign territories, often characterized by the exploitation of resources and imposition of the colonizer's culture on the indigenous population.

Underdeveloped Colonies

Territories governed by foreign powers that experienced economic exploitation and insufficient investment in their infrastructure and social systems.

Economic Development

involves the process of improving the economic, political, and social well-being of a community or country, through strategies that may include industrialization, technology advancement, and improvements in living standards.