ABC Corporation Has Three Divisions,a Service Division with Two Locations,a

question 137

Multiple Choice

ABC Corporation has three divisions,a service division with two locations,a retail division with four locations,and a home office,each of which is evaluated individually.This is an example of which type of organization?

• A)Segmented decision making
• B)Decentralized
• C)Divisional instability
• D)None of these ans choices are correct.

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Definitions:

Revenue

Revenue is the total income generated from normal business operations, like selling goods or services, before any expenses are deducted.

Economic Profits

The difference between the total revenue earned by a firm and the total costs of production, including opportunity costs.

Market Demand Curve

A graphical representation showing the total demand of all consumers in a market for a particular product at different prices.

Colluded

A situation where firms in a market agree to set prices or output levels to maximize collective profits, often at the expense of competition.