All of the Following Are TRUE About Product Structures EXCEPT

question 7

Multiple Choice

All of the following are TRUE about product structures EXCEPT

• A)Product structure organizations must still perform functional tasks of a business.
• B)In product structures, functional areas are concentrated in separate subunits.
• C)Product structures are required when products or service are sufficiently unique to require different functional support.
• D)All of the above are true.

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Definitions:

Date of Record

The specific date set by a corporation’s board of directors after which the shareholders on record will be entitled to receive dividends or stock rights.

Cumulative Preferred Stock

Stock that has a right to receive regular dividends that were not declared (paid) in prior years.

Dividends Per Share

The total dividends declared in a period divided by the number of outstanding shares of the company.

Cash Dividends

Payments made by a company to its shareholders out of its profits or reserves.