All of the Following Are Advantages of a Functional Structure

question 22

Multiple Choice

All of the following are advantages of a functional structure except:

• A) economies of scale.
• B) excellent coordination across functional departments.
• C) in-depth skill specialization and development.
• D) top manager direction and control.
• E) efficient use of resources.

Understand the significance of price to earnings ratio in evaluating company stock.

Understand the concept of credit risk and how it affects bond interest rates.

Explain the role of financial markets in allocating resources and achieving market equilibrium.

Describe the structure, function, and types of financial instruments and intermediaries.

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Definitions:

Credibility Factors

Elements that contribute to the believability or trustworthiness of a party in a negotiation, such as their expertise, reputation, and consistency.

Persistent

describes a trait or behavior characterized by continuing firmly or obstinately in an action or belief, often despite difficulty or opposition.

Performance Reviews

The formal assessment and evaluation of an employee's job performance over a specific period, often used to guide future development.

Specific Instructions

Detailed information or orders on how to perform a task or complete a process.