Many Organizations Have a Large Number of Functional Areas with Very

question 91

Multiple Choice

Many organizations have a large number of functional areas with very diverse and sometimes competing interests.Such organizations will be most effective if

• A) each functional area focuses on achieving their own goals.
• B) goals are defined at the bottom and implemented at the top.
• C) functional areas work together to attain overall goals.
• D) management and employees have separate goals.

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Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's cost.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the initial cost.

Annual Revenue

The total income generated by a business, organization, or individual within a fiscal year from its operations.

Initial Investment

The initial sum of money used to start a business project, purchase assets, or acquire starting capital.