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JAMB Commerce 1998 Question 45

Question 45

Business Management

Under normal circumstances, a business enterprise can be ideally structured

  1. A.by products, function or territories
  2. B.around the personalities in the enterprise
  3. C.on the ruling of the management
  4. D.on the basis of an order from stockholders.
Show the answer and explanation

Answer: A (by products, function or territories)

Explanation

Firms are usually departmentalised by product, by function or by territory.