BUSINESS ADMINISTRATION
ACCOUNTING FOR MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Detailed explanation-1: -To sum up, it is the cause that defines one’s contribution to society through work. Businesses exist to make a profit. But they also exist to make a difference. Through work, individuals can make a difference.
Detailed explanation-2: -Types. There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc.
Detailed explanation-3: -There are different types of organizations that a company can adopt, such as functional, flat, matrix, and divisional organizations.
Detailed explanation-4: -Organizational structures are important because they help businesses implement efficient decision-making processes. By assigning specialized roles to lower-level employees, businesses can make better decisions faster.