Which of the Following Best Describes Stacey's Position as a Functional

question 148

Multiple Choice

Which of the following best describes Stacey's position as a functional manager?

• A) She is responsible for several departments that perform different functions.
• B) She organizes people across departments to perform a specific task.
• C) She is responsible for a self-contained division and all the departments within it.
• D) She supervises employees with similar training and skills.
• E) None of these

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Definitions:

Sole Proprietorship

A company controlled and managed by one person, with the individual and the company being legally regarded as the same entity.

General Partnership

A type of business partnership where all partners share both profits and liabilities equally unless a different arrangement is agreed.

Characteristics

Fundamental attributes or properties that define or distinguish an entity or concept.

Chartered Banks

Financial institutions granted a charter giving them the right to operate and offer banking services to the public.