A Significant Difference Between the Organizational Structure Used by a Chain

question 21

Multiple Choice

A significant difference between the organizational structure used by a chain retailer and by a diversified retailer is that the chain retailer more often has _____.

• A)elaborate financial controls
• B)standardized operations in all units
• C)a more complex organization structure
• D)a large number of divisions

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Definitions:

Annual Report

A comprehensive report on a company's activities throughout the preceding year, intended to give shareholders and other interested parties information about the company's financial performance.

Accounting-based Incentive Plans

Compensation plans that reward employees based on meeting certain accounting metrics, such as earnings per share or return on assets.

Long-term Business Focus

A strategic approach that prioritizes sustainable growth, investments, and operational decisions that benefit a company in the long run rather than focusing on short-term gains.

Unwanted Attention

Undesirable focus or notice from others, often causing discomfort or distress.