Procter & Gamble Is Departmentalized,in Part,on the Basis of Product

question 92

Multiple Choice

Procter & Gamble is departmentalized,in part,on the basis of product.Which of the following characteristics would you expect to find at Procter & Gamble?

• A) High levels of functional specialization
• B) Narrow range of skills in each department to enhance supervision
• C) A dual command structure
• D) Slow and bureaucratic decision making
• E) More effective evaluation of the performance of individual products or product groups than with functional departmentalization

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Definitions:

Market Price

The existing rate at which an asset or service can be acquired or disposed of in a trading environment.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which drives innovation, efficiency, and the development of new products and processes.

Total Costs

The total of all costs associated with producing goods or services, encompassing both fixed and variable expenses.

Average Variable Costs

The total variable costs divided by the quantity of output produced, representing the variable costs per unit of output.