Many organizations have a large number of functional areas


1. Many organizations have a large number of functional areas with very diverse and sometimes competing interests. Such organizations will be most effective if:

functional areas work together to attain overall goals

each functional area focuses on achieving their own goals

management and employees have separate goals

goals are defined at the bottom and implemented at the top

2. Parameter costs are used to develop?

a. final cost estimates

b. contractor's bid estimate

c. detailed cost estimates

d. conceptual estimates

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Operation Management: Many organizations have a large number of functional areas
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