Experts pls tell me the answer of question 1 SECTION AOrganisations having plans of expansion and diversification must adapta. Functional structureb. Divisional structurec. Both (a) and (b)d. None of the above1.Naveen started a saree showroom in Mumbai, India. He wants to sell sareesbut he understands that conditions are different in different countries. Identiof business environment highlighted here.a. Relativityb. Uncertaintyc. Dynamic natured. Complexity3.Answerability is of the subordinate about the final result of the assigned task2.

A management is defined as an act to coordinate and administrate the employees in order to achieve…

Answered: ving plans a. Functional structure b.…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

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Question 1. Read the case below about Square, Inc then answer the following questions TRUE/FALSE In October 2015, amid rising fears about the security of credit card transactions, financial institutions and businesses made the transition to using chip cards. Unlike the quick swipe of a magnetic stripe on the back of traditional credit and debit cards, chip cards have to be left inside the terminal while the embedded chip verifies the transaction. While there is no consistent method for measuring transaction speed, news agencies report average chip speeds of anywhere from 8 seconds to 13 seconds. The switch to chip readers was precarious, with many businesses taping over the chip card slots in the terminals until the kinks were worked out. Even after a year, some businesses still could not process chips and continued to utilize the magnetic stripe for transactions. Financial institutions thought the additional security benefits of the chips would overshadow the added wait times. Yet…
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ving plans a. Functional structure b. Divisional structure c. Both (a) and (b) d. None of the above expansion