In a short essay, describe the characteristics of a divisional structure
What will be an ideal response?
Answer: The divisional structure is an organizational structure made up of separate business units or divisions. In this design, each unit maintains limited autonomy, with a division manager responsible for performance and determining who has strategic and operational authority within the divisional unit. However, the parent corporation typically still acts as an external overseer to coordinate and control the various divisions. Strengths of the divisional structure include a focus on results as divisions are highly motivated to achieve their goals. Weaknesses of this approach include the redundancy that might arise from having autonomous divisions operating at the same time.
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The last step involved in hypothesis testing is ________
A) reject or do not reject the null hypothesis B) draw a marketing research conclusion C) compare the probability with level of significance alpha (?) D) determine the probability associated with the test statistic under the null hypothesis
The quick ratio is calculated as the sum of cash and short-term marketable securities divided by current liabilities
Indicate whether the statement is true or false.