The Tendency of Employees in a Functionally Organized Company to Become

question 49

Multiple Choice

The tendency of employees in a functionally organized company to become fixated on their own concerns and work assignments to the exclusion of the needs of other departments is known as:

• A)Layering.
• B)Myopia.
• C)Nepotism.
• D)Siloing.

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Definitions:

Rate of Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Expected Return

The predicted amount of gain or loss an investment is anticipated to generate, based on historical performance or statistical analysis.

Economic Activity

The total amount of production, distribution, and consumption of goods and services in an economy.

Standard Deviation

A statistical measure of the dispersion of a set of data from its mean, often used to quantify the risk of a financial instrument.