26. Explain the term Organisational Structure. Distinguish between Functional and Divisional structure on the following bases : i. Formation ii. Managerial development iii. Responsibility iv. Suitability 55 OR
A divisional structure is formed when an organisation is split up into a number of self-contained business units, each of which operates as a profit centre. This may occur on the basis of product or market or a combination of the two, with each unit tending to operate along functional or...
Structure Weights 397 Taxes and the Weighted Average Cost of Capital 398 Solving the Warehouse Problem and Similar Capital Budgeting Problems 400 Calculating the WACC for Eastman Chemical 401 Eastman's Cost of Equity 403 Eastman's Cost of Debt 404 Eastman's WACC 407 12.5 Divisional and Project ...