In a ________ organization, jobs are specialized and grouped according to the role they perform and the skills they require, such as marketing, finance, operations, accounting, and human resources.
A) divisional
B) geographical
C) helix
D) functional
E) matrix
D) functional
Explanation: In a functional organization, jobs (and departments) are specialized and grouped according to business functions and the skills they require: production, marketing, human resources, research and development, finance, accounting, and so forth.
You might also like to view...
A business generates a net profit of $124 million and its return on capital is 12.5%. Calculate the total capital invested into the business
A) $992 million B) $860 million C) $740 million D) $668 million E) $532 million
Business trends in one country rarely, if ever, influence trends in another country.
Answer the following statement true (T) or false (F)
________ marketing is an increasingly popular method of image building, in which companies link with charities or nonprofit organizations as contributing sponsors.
A. Image B. Cooperative C. Cause-related D. Event E. Transit
For a minimization problem, the conservative approach is often referred to as the
a. minimax approach b. maximin approach c. maximax approach d. minimum approach