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Most Business Failures Are the Result of Poor Long-Term Financial

question 66

True/False

Most business failures are the result of poor long-term financial planning.


Definitions:

Intrapreneurship

The act of behaving like an entrepreneur within a larger organization, including taking initiative and promoting innovative projects.

Divisional Structure

An organizational layout where the company is divided into semi-autonomous units or divisions, each focused on a specific product line or geographic area.

Multidivisional Structure

A form of organizational structure where a company is divided into semi-autonomous divisions, each with its own set of functional units like marketing and finance.

Matrix Structure

An organizational structure that combines both functional and divisional departmentalization together with dual lines of authority.

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