The Primary Factors That Cause Firms to Change from a Functional

question 31

True/False

The primary factors that cause firms to change from a functional structure to an M-form structure are the CEO's increasingly limited ability to set a strategic direction for the firm and the focus of functional managers on local issues.

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Definitions:

Personal Growth

An individual’s process of developing self-awareness, knowledge, and improving personal skills and qualities over time.

Buddhist Psychology

Buddhist Psychology focuses on understanding the mind and behavior through the lens of Buddhist teachings, emphasizing concepts like mindfulness and the cessation of suffering.

Competence

Being able to use your skills effectively and learn new ones.

Relatedness

The feeling of connection or bond with others, often considered a fundamental human need influencing social interactions and personal well-being.