Which of the Following Is True of a Functional Structure

question 14

Multiple Choice

Which of the following is true of a functional structure?

• A) It offers a lower degree of specialization than a simple structure.
• B) It relies on a relatively flat organizational structure.
• C) It offers decentralized management.
• D) It relies on bottom-up communication rather than top-down communication.

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Definitions:

Future Values

The projected amount of money or value of an investment at a specified future date, accounting for factors like interest rates and returns.

Investment 1

The strategy of apportioning capital with the expectation of generating financial returns.

Compounded Quarterly

Describes the frequency with which interest is added to the principal balance of a loan or deposit four times a year, increasing the total amount of interest earned or paid.

Maturity Value

The amount payable to the investor at the end of a fixed-term investment, including both the principal and the interest.