For Less Complex Firms with a Single Business Focus,which Two

question 29

Multiple Choice

For less complex firms with a single business focus,which two organizational levels may merge?

• A)corporate-level and business unit-level.
• B)corporate-level and strategic business unit-level.
• C)strategic business-unit level and functional-level.
• D)marketing and research and development.

---

Definitions:

Tenant-Days

A measure used in hospitality and property management to calculate the total number of days that tenants or guests occupy a space over a certain period.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Revenue and Spending Variance

The difference between actual and budgeted figures for both income and expenditures, respectively.

Flexible Budget

A budget that varies with levels of activity or output, allowing organizations to more accurately forecast costs and revenues over various levels of production.