Which of the Following Is an Advantage of a Functional

question 85

Multiple Choice

Which of the following is an advantage of a functional structure?

• A)Economies of scale with efficient use of resources
• B)Improved coordination across functional departments
• C)A sense of common purpose
• D)Clear points of responsibility for product or service delivery
• E)Expertise focused on specific customers,products,and regions

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Definitions:

Below-Average Sensitivity

A term often used in finance to describe investments that react less than proportionally to changes in market conditions, such as interest rates or stock prices.

Economy

The large system that encompasses all activities related to the production, consumption, and distribution of goods and services in a geographic region.

Industries

Sectors or categories of business activities focused on the production or supply of goods, services, and technology, such as technology, healthcare, or finance.

Monetary Policy

The process by which a central bank controls the supply of money in the economy, often targeting an inflation rate or interest rate to ensure economic stability.