In a ________ Organizational Structure All Areas of the Company

question 31

Multiple Choice

In a ________ organizational structure all areas of the company report to a single person.

• A) Functional
• B) Simple
• C) One-dimensional
• D) Creative

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and loan payments.

Contribution Margin

The amount by which the sales revenue of a product exceeds its variable costs, indicating how much contributes to covering its fixed costs and generating profit.

Variable Cost

Costs that change in proportion to the good or service that a business produces, varying depending on production volumes.

Fixed Costs

Fixed costs refer to expenses that do not change with the level of goods or services produced by the business within a certain range of activity or over a certain period.