When a Functional Unit Focuses Too Narrowly on Its Own

question 171

Multiple Choice

When a functional unit focuses too narrowly on its own goals and operations and loses sight of other functional activities, customer needs, and corporate objectives, it is said to be acting like a functional ________.

• A) corral
• B) barn
• C) silo
• D) tower

Learn how to prepare and interpret a trial balance.

Identify common errors in accounting records and understand how to correct them.

Understand the structure and significance of the general ledger in the accounting system.

Recognize the importance of consistency and accuracy in financial record-keeping.

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Definitions:

Process Manager

A role responsible for overseeing and optimizing the processes within an organization to ensure efficient operation and achievement of business goals.

Standard Deviation

Standard deviation is a statistical measure that indicates the dispersion or variability of a set of data points or values around the mean, used to quantify the amount of variation in a dataset.

Square Root

A mathematical operation that finds the number which, when multiplied by itself, gives the original number.

Quality Management

The practice of overseeing all activities and tasks needed to maintain a desired level of excellence, ensuring that operations meet established standards and improvements are continuously made.