Which type of chart represents a company organized by specific functions, such as marketing, finance, purchasing, information technology, and human resources?

A) vertical
B) social
C) matrix
D) horizontal
E) web


Answer: A
Explanation: A) In a vertical organization chart, the vertical lines reflect the lines of authority with personnel grouped in the organization by similar job functions.

Business

You might also like to view...

A marketing analysis is a comprehensive review of a company's fundamental marketing program

Indicate whether the statement is true or false

Business

Convert the fraction to a decimal, rounding to the nearest hundredth:

What will be an ideal response?

Business

Consider the following independent scenarios:a) At January 1, Year 2, accounts receivable was $24,000. Cash collected on accounts receivable during Year 2 was $55,000. At December 31, Year 2, accounts receivable was $30,000. What were the revenues earned on account during Year 2?b) At January 1, Year 2, accounts payable was $19,000. During Year 2, expenses on account were $68,000. At December 31, Year 2, accounts payable was $15,000. What was the amount of cash payments on accounts payable that were made during Year 2?c) At January 1, Year 2, the balance in the prepaid insurance account was $480, which related to insurance coverage that expired on March 1, Year 2. On March 1, Year 2, the company paid $3,000 for insurance coverage for one year of insurance coverage that began on that date.

What was the amount of insurance expense for Year 2?d) At January 1, Year 2, the balance in the supplies account was $550. At December 31, Year 2, the company counted $400 of supplies on hand. The company reported supplies expense in Year 2 of $3,300. What was the total of supplies purchases during Year 2? What will be an ideal response?

Business

In a business where egoism is the predominant ethical theory, which employee would receive a scarce resource when there is competition over that scarce resource?

a. the one who needs it the most b. the more politically powerful employee c. all competing employees through equal distribution d. the employee who makes a better argument to management

Business