Which of the Following Is True About the Functional Structure

question 37

Multiple Choice

Which of the following is true about the functional structure?

• A) It allows employees to have direct contact with customers.
• B) It facilitates communication that takes place horizontally across functions.
• C) It provides organizations with a clear chain of command.
• D) It focuses primarily on helping employees meet customer expectations.

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Definitions:

Current Liabilities

These are obligations or debts that are due within one fiscal year or the operating cycle, whichever is longer.

Long-Term Debt

Debt obligations that are due to be paid over a period of time longer than one year.

Common Shares

Shares of stock in a company that entitle the holder to dividends and voting rights in shareholder meetings.

Acquisition Differential

The difference between the purchase price of an acquired company and the sum of its net assets' fair values.