A Little Bit of Lipstick,Inc

question 1

Multiple Choice

A Little Bit of Lipstick,Inc. ,is a small,U.S.-based business that sells nanotechnology-based cosmetics for export.Under the National Export Initiative,the federal government is

• A)pursuing trade agreements to improve market access for U.S.firms.
• B)banning lending to small businesses,especially for export purposes.
• C)placing less emphasis on exports than other governments.
• D)playing a less active role in promoting exports in emerging markets.

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Definitions:

Departmentalization

The process of dividing an organization into different departments, which allows for specialization of tasks and helps in the efficient management of resources.

Coordination

The process of organizing people or groups so that they work together properly and well, ensuring that resources are used efficiently and activities are synchronized.

Conflict Potential

The inherent likelihood or possibility for conflicts to arise within a certain context or environment.

Functional Specialization

Functional specialization is the practice of organizing individuals or groups based on the specific functions or roles they perform within an organization.