Which of the Following Statements Is TRUE Regarding the Forces

question 10

Multiple Choice

Which of the following statements is TRUE regarding the forces influencing developments in organisation structures?

• A) Structural innovation is an important part of meeting the demands of complex and changeable environments.
• B) The global economy and hypercompetition are putting increasing pressures on organisation structures.
• C) Managers need to design organisation structures to respond to performance demands for more speed to market, greater customer orientation, constant productivity improvements and better technology use.
• D) All of the options listed
• E) None of the options listed

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Definitions:

Fabrication Department

A specialized division within a company responsible for the manufacturing and assembly of products or components.

Weighted-Average Method

A technique for calculating the cost of goods sold and remaining stock that uses the mean cost of all available units for sale.

Conversion Cost

The total cost of converting raw materials into finished goods, encompassing both labor and manufacturing overhead expenses.

Process Cost System

An accounting methodology used for homogeneous products, where the cost of producing each item is the same as the others, accumulating costs over a set period and dividing by the number of units produced.