What Are the Advantages and Disadvantages of Using a Functional

question 90

Essay

What are the advantages and disadvantages of using a functional structure to manage a project?

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Definitions:

Capital Goods

Physical assets that an organization uses in the production process to manufacture products and services that consumers will later use.

Output Per Capita

A measure of a country's economic output that accounts for its number of people, essentially dividing the country's gross domestic product by its total population.

Underdeveloped Country

A nation with a lower living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.

Adult Population

The adult population refers to the segment of a nation's population that is aged 18 years and over, considered legally capable of entering into contracts and being counted for employment and other demographic statistics.