Committed Resources

question 42

Multiple Choice

Committed resources

• A)are supplied as needed.
• B)are acquired by a contract for the exact amount of their usage.
• C)may exceed the demand for their usage.
• D)all of the above.

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Definitions:

Functional Manager

A manager responsible for a specific business function or department within an organization, such as marketing, finance, or production.

Divisional Departmentalization

Organizational structure where operations are divided into semi-autonomous units based on product, service, or market.

Technological Advancement

The progress or development in technology, leading to new inventions, improvements, and the creation of novel products or processes.

Organizational Change

The process by which organizations transform their structures, strategies, policies, processes, or culture to adapt to internal and external pressures.