Functional Departmentalization

What will be an ideal response?

the grouping of jobs that perform similar functional activities, such as finance, manufacturing, marketing, and human resources

Business

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Why do supply chains complicate the ERM process?

A) They lead to higher human resource risk. B) They lead to higher speculative risks. C) A disruption somewhere in the supply chain affects the operations of a firm. D) They do not complicate the ERM process at all.

Business

If a bank has $1 million of deposits, a required reserve ratio of 20 percent, and $300,000 in reserves, it need not rearrange its balance sheet if there is a deposit outflow of

A) $50,000. B) $75,000. C) $150,000. D) either A or B of the above.

Business