Groups of a Small Number of People from Different Departments

question 52

Multiple Choice

Groups of a small number of people from different departments in an organization who are mutually accountable to accomplish a task or a common set of performance goals are referred to as

• A)designated teams.
• B)strategic business units.
• C)cross-functional teams.
• D)business committees.
• E)venture squads.

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Definitions:

Restaurant Meal Delivery

A service that transports prepared meals from a restaurant to a customer's home or office, often facilitated by online platforms or apps.

Profit Margin Percentage

A financial metric expressing the ratio of a company's net income to its revenue, indicating the efficiency at which a company can convert sales into net income.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Segment Profitability

The measure of profit or loss generated by a specific market segment, indicating its financial viability.