Organizational Structure Can Be a Strategic Asset If It

question 10

Multiple Choice

Organizational structure can be a strategic asset if it

• A)adds value.
• B)adds value and can be duplicated.
• C)adds value and cannot be duplicated.
• D)can be franchised.

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Definitions:

Time Sheets

Time sheets are records used to track the amount of time an employee has worked, often used for payroll or billing purposes.

Internal Control

A process designed to ensure the reliability of financial reporting, compliance with laws and regulations, and the effectiveness and efficiency of operations.

Overtime Expense

Overtime expense refers to the additional costs incurred by an employer for paying employees at higher rates for working beyond their normal hours.

Product Warranty

A guarantee from the manufacturer or seller that a product will meet certain quality and reliability standards or that defective products will be repaired or replaced.