The executive team at a major retailer recently reorganized the company. They decided to departmentalize in a way that would improve responsiveness to the unique demands of customers in different regions of the country. This is especially important because regional preferences are so distinct in their retail category. The company realizes this could create inefficiency because of the duplication
of certain activities. They most likely departmentalized by:
A) ?function.
B) ?customer.
C) ?product.
D) ?specialty.
E) ?location.
E
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An advantage that effective teams can bring to organizations is ______.
A. higher quality leader and follower exchanges B. reduction in overtime worked C. more innovative and creative success D. cost benefits
Which of the following is true when compensating employees with company equity?
a. the equity to be issued will be considered salary and not subject to securities laws b. the equity will be considered a gift since no cash was issued c. the shares may be considered a taxable item d. the shares cannot be tied to performance
A university orders all office supplies, including red grading pens, out of a catalog from the same supplier
Conservative estimates of the demand for these red pens are 12,000 pens per year. There is a $25 charge for placing an order and the university has a $10 annual cost for holding these pens. Prices for the pens are based on the quantity purchased, so if less than 100 are ordered, the unit price is $2.50, if 100 to 299 are ordered, the unit price is $2.40, if 300 to 499 are ordered, the unit price is $2.30, and if 500 or more are ordered, the unit price is $2.20. What order quantity will result in the lowest total annual cost to the university? A) 100 B) 245 C) 300 D) 500
Employees who deal with third parties are agents of their employers
a. True b. False Indicate whether the statement is true or false