With a Divisional Structure, It Is Possible That Competition Between

question 15

True/False

With a divisional structure, it is possible that competition between divisions may become so intense that it leads to improved sharing of ideas and resources for the common good of the firm.

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Definitions:

Trade Surplus

The amount by which the value of a country's exports exceeds the cost of its imports.

Exports

Goods or services sold by one country to another, contributing to the selling country's gross domestic product.

Imports

Products or services imported into a country from abroad for the purpose of selling.

Trade Deficit

An economic condition that occurs when a country imports more goods and services than it exports.