Describe What Is Meant by a Divisional Organization

question 18

Essay

Describe what is meant by a divisional organization.What advantages and disadvantages are associated with this form of organization?

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Definitions:

Company & Financials

Information and data regarding the financial health and operations of a business.

Primary Business

The main activity or category of activities a company engages in to generate the bulk of its revenue.

Operating Activities

Activities that constitute the primary or main activities of a company, such as production, distribution, marketing, and sale of goods or services.

Journal

In accounting, a record where all financial transactions are initially noted before being entered into the company's general ledger.