One of the Most Important Benefits of the Functional Structure

question 16

True/False

 One of the most important benefits of the functional structure is the efficiency it creates.

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Definitions:

Profit Sharing

A company policy of distributing a portion of its net profits to its employees.

Pension Plans

Financial arrangements that provide individuals with income upon retirement, often as part of their employment benefits, including defined benefit and defined contribution plans.

Agriculture Industry

The sector of the economy that specializes in the production, processing, and distribution of food, fiber, and products derived from plants and animals.