Which of the Following Is Characteristic of Functional Departmentalization

question 27

Multiple Choice

Which of the following is characteristic of functional departmentalization?

• A)It makes it easier for top managers to assess work-unit performance. 
• B)It makes communication and coordination less problematic for managers. 
• C)It produces managers with broader experience and expertise. 
• D)It enhances coordination between departments.

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Definitions:

Tax Rate

The percentage defining how much of a person's or business's income is allocated to taxes.

Bond Issues

Financial securities issued by corporations or governments to raise capital by borrowing from investors, to be repaid with interest at maturity.

Cost of Preferred Stock

The required rate of return for a firm's preferred stock, considering dividend payouts and the stock's price.

Annual Dividend

The total amount of dividend payments a shareholder receives from a stock or investment in a year.