A Disadvantage Associated with Grouping Jobs on the Basis of Functional

question 14

Multiple Choice

A disadvantage associated with grouping jobs on the basis of functional specialty is that:

• A)managers rely on implicit understanding and informal relationships.
• B)managers tend to ignore the interdependencies among units that might lower a firm's value.
• C)employees concentrate more on achieving departmental goals rather than customer satisfaction.
• D)employees have to seek ratification from managers for initiation and implementation of decisions.

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Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States.

Exculpatory Condition

A provision in a contract or agreement that frees one party from legal liability for any harm or damage caused.

Condition Precedent

A contractual condition that must be fulfilled before a party’s performance is required under a contract.

Anticipatory Breach

A situation where one party indicates they will not fulfill their contractual obligations before the performance is due, allowing the other party to seek legal remedies.