A Functional Organization Is an Organization Structure in Which Staff

question 43

True/False

A functional organization is an organization structure in which staff is grouped by areas of specialization,and the project manager has limited authority to assign work and apply resources.

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Definitions:

Annually

Annually means once every year.

Investors

Individuals or institutions that allocate capital with the expectation of receiving financial returns, often involving the purchase of securities.

Compound Annual Rate

The rate at which an investment would have grown annually if it had compounded at a steady rate.

Dividends

Payments made by a corporation to its shareholder members, typically from profits.