The Manager of Flogymki, a Newly Opened Continental Restaurant, Decides

question 55

Multiple Choice

The manager of Flogymki, a newly opened continental restaurant, decides to organize the restaurant's labor force into separate divisions for purchases, serving, home delivery, accounting, cooking, etc. Given this information, which of the following organizational structures does the restaurant manager intend to implement at Flogymki?

• A) Product departmentalization
• B) Functional departmentalization
• C) Customer departmentalization
• D) Geographic departmentalization

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Definitions:

Investing Activities

Transactions involving the purchase or sale of long-term assets and investments, reflecting how cash is spent on investments to grow or maintain the business.

Financing Activities

Transactions and events where a business obtains funds or pays back funds to owners and creditors, typically reflected in the cash flow statement.

Direct Approach

A method used in financial accounting that records all transactions directly affecting the income statement, emphasizing cash receipts and payments.

Indirect Approach

A strategy or method that tackles objectives through indirect means rather than directly aiming at them.