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Use the following information for questions O' Hara Company began operations on December 1,2011 . Presented below is selected information related to O' Hara Company at December 31,
-Equity at December 31, 2011, is
Cooperation
The process of groups of organisms working or acting together for common, mutual, or some underlying benefit, as opposed to working in competition for selfish benefit.
Functional Structure
An organizational design that groups employees by their similar skills, resource use, and expertise.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Efficient Use
This phrase signifies the optimization of resources or processes to achieve maximum functionality or output with minimum waste or effort.
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