Answer:
A. a functional (departmental) organizational structure.
Explanation:
Companies engaged in a single line of business most commonly utilize an organizational structure that can be a functional (departmental) organizational structure.
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, information and communications technology, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
The employees in companies engaged in a single line of business are generally referred to as silos because they work independently, collaborate and communicate with their colleagues in a vertical style i.e exclusively with each other.
<em>Hence, a functional (departmental) organizational structure enhance efficiency and an improved quality of production because workers having similar skills, knowledge and experience are grouped together to achieve common goals and objectives.</em>
Answer: Annual rate of return = 21.89%
Explanation:
Given that,
Expected increase in annual revenues by = $140000
Expected increase in annual expenses by = $88,000 including depreciation
Cost of oil well = $465,000
salvage value at the end of its 10-year useful life = $10,000
Expected Income = Expected increase in annual revenues - Expected increase in annual expenses
= 140000 - 88000
=$52000
Average investment = 
= $237500
Annual rate of return = 
= 
= 21.89%
Answer:
A strategy at the business unit or product line level that focuses on improving a firm's competitive position.
Explanation:
Business strategy can be defined as a tool used by organisations to achieve their objectives and goals. A business strategy outlines the various actions that should be carried out by an organisation inorder to attract more customers and gain a high rank among competitors in the market.
A good business strategy helps the employees to identify their various weakpoints, the areas that they are not putting enough efforts. This helps to increase productivity which would lead to the growth of the company.
<span>A: to set interest rates</span>
It's the p<span>rocess
used to manage the financial resources of a business</span>
