At M & M Technology, Employees Are Grouped According to Their

question 108

Multiple Choice

At M & M Technology, employees are grouped according to their functional expertise as well as the different key product lines that they are working on.Hence, the company has simultaneously created a combination of a functional and a product structure.Which of the structures is this an example of?

• A)Conglomerate
• B)Matrix
• C)Geographic
• D)Global
• E)Simple

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Definitions:

Manufacturing Overhead

The indirect costs associated with manufacturing, including costs related to operating the factory that are not directly tied to the production of goods.

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount in a financial plan or budget.

Refurbishing Materials

Materials used in the process of repairing and enhancing a product's appearance or functionality to a like-new condition.

Spending Variance

The difference between the actual spending and budgeted or forecasted spending in a specific period.