____ Departmentalization Has the Advantage of Reducing the Number of Skills

question 164

Multiple Choice

____ departmentalization has the advantage of reducing the number of skills a manager must possess.

• A) Location
• B) Customer
• C) Sequential
• D) Functional
• E) Product

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Definitions:

Chattels

Tangible, movable personal property that can be measured and weighed; also known as goods.

Fixtures

Items that are attached to a property in such a way that they become part of the property and cannot be removed without permission.

Continuing Guarantee

A provision in a guarantee allowing the creditor to advance further funds without affecting the obligation of the guarantor to pay in the event of default.

Legal Claim

A formal assertion by a plaintiff that they are entitled to legal remedy or compensation from a defendant.