With Divisions That Focus on Business Clients and Consumer Clients

question 104

Multiple Choice

With divisions that focus on business clients and consumer clients, companies like Sprint, American Express, and others are examples of ____ departmentalization.

• A)boundaryless
• B)product
• C)customer
• D)functional
• E)matrix

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Definitions:

Large Factory

A facility used for manufacturing or production on a large scale, often employing many workers and utilizing numerous machinery and equipment.

EMV

Expected Monetary Value; a statistical technique in decision-making that calculates the average outcome when the future includes scenarios that may or may not happen.

Decision Tree Construction

The process of building a graphical representation of decisions and their possible consequences, outcomes, and related costs.

Capacity Decision

The process of determining the level of capacity needed to meet varying demands for a business's goods or services.