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question 52

True/False

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Analyze and differentiate between the four traditional organization designs: functional, geographic, product, and network.

Understand the concept of geographic design and discuss its benefits and disadvantages.

Compare and contrast mechanistic and organic organizations and their suitability for future organizational needs.

Identify the circumstances under which an organization might evolve through different organizational designs.

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Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials that fluctuate with production volume.

Room Nights

A measure in the hospitality industry, representing the total number of nights that guests have booked to stay in a hotel.

Break-Even Point

The point at which total revenues equal total costs, resulting in neither profit nor loss.

Programmable Watch

A wristwatch with smart capabilities that can be programmed for various functions beyond timekeeping, such as fitness tracking or notifications.