The major problem with running a functionally organized firm is ...

[rosent76]

The major problem with running a functionally organized firm is
 a. Measuring divisions' performance
 b. Tying pay to performance
 c. Ensuring that the functional divisions are working towards a common goal
  d. All of the above

Question 2

A sudden increase in the market demand in a competitive industry leads to
 a. Losses in the short-run and average profits in the long-run
  b. Above average profits in the short-run and average profits in the long-run
  c. New firms being attracted to the industry
  d. Demand creating supply

[stillxalice]

Answer to Question 1

c

Answer to Question 2

c

[rosent76]

Excellent

[zacnyjessica]

Thanks for the timely response, appreciate it