Which Form of Departmentalization Tends to Have a Very Flat

question 72

Multiple Choice

Which form of departmentalization tends to have a very flat hierarchy,little formalization,and organizes employees around work processes?

• A)Divisional structure
• B)Functional structure
• C)Team-based structure
• D)Matrix structure
• E)Network structure

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Definitions:

Current Ratio

A metric assessing a firm's capacity to meet its obligations due in less than a year by converting assets into liquid cash swiftly.

Decimal Place

A position of digit within a number after the decimal point, used to signify fractions of a whole.

Percentage Change

Percentage change measures the degree of change over time, calculated as the difference between two values divided by the original value, multiplied by 100.

Financial Statements

Written records that convey the business activities and the financial performance of a company, including the balance sheet, income statement, and cash flow statement.