Why Did WL

question 55

Multiple Choice

Why did W.L.Gore reorganize itself into a functional structure from a simple structure?

• A) A simple structure was too formalized, specialized, and centralized to really facilitate any kind of productivity.
• B) A functional structure is more decentralized.
• C) A simple structure could not provide the effective division, coordination, and integration of work required to accommodate future growth.
• D) A functional structure has a tall hierarchical structure that relies on bottom-up communication.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Perpetual Inventory Records

The continuous tracking of inventory levels and updates in real-time, showing the quantity of inventory on hand at all times.

Credit for Returns

A financial adjustment made by a seller to the account of a buyer to reflect returned goods.

Discount Period

The discount period is the time frame during which a buyer can take advantage of a purchase discount offered by the supplier for early payment.