Compared with Divisionalised Structures,functional Structures Are Known To

question 63

Multiple Choice

Compared with divisionalised structures,functional structures are known to:

• A) Create better economies of scale
• B) Be more responsive to local markets or clients
• C) Encourage employees to focus on the organisation's superordinate goals
• D) Reduce conflict and coordination problems across work units

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Definitions:

Banking

The business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.

Airlines

Companies that operate aircraft for transporting passengers and cargo from one place to another.

General Electric

A multinational conglomerate corporation that operates in various sectors like energy, healthcare, and aviation, known for its innovation and diversified products.

Antitrust Suit

Legal actions taken by governments against companies to prevent monopolistic practices and promote competition in the marketplace.