Which Is NOT One of the Five Types of Departmentalization

question 50

Multiple Choice

Which is NOT one of the five types of departmentalization commonly used in most organizations?

• A) product
• B) geographic
• C) process
• D) cost

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Definitions:

Quantity Demanded

The quantity of a product or service buyers are prepared and capable of buying at a specific price.

Quantity Supplied

This term refers to the total amount of goods that sellers are ready to sell in the market at a certain price point, within a defined time frame.

Price Ceiling

A legal maximum price that can be charged for a good or service, aimed at preventing prices from becoming too high.

Rent Control Program

Government policies that limit the amount landlords can charge for rent to make housing more affordable for tenants.