Divisional Structures Are More Appropriate Than Functional Structures When

question 1

Multiple Choice

Divisional structures are more appropriate than functional structures when

• A)demand can be well anticipated.
• B)the environment is stable and predictable.
• C)flexible responsiveness is required.
• D)the organization competes on costs.
• E)the consumer base is heterogeneous.

Recognize the factors that shape the aggregate demand curve and how shifts in aggregate demand affect the economy.

Understand the conditions for macroeconomic equilibrium and the role of government intervention according to Keynes.

Distinguish between the short-run and long-run aggregate supply curves and their significance in economic analysis.

Identify the Keynesian perspective on the causes of unemployment and potential solutions.

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Definitions:

Enforceable

A term describing a contract or legal obligation that is legally binding and can be upheld in court.

Junk Bonds

High-risk, high-yield bonds issued by companies considered to be at greater risk of default.

Government Bonds

Debt securities issued by a government to finance its borrowing requirements, offering a fixed or variable interest rate payable to holders.

Dividends

Payments made by a corporation to its shareholder members from its profits or reserves.