departmentalization refers to the degree to which jobs within the organization are standardized

What is the expected return on a portfolio which is invested 50 percent in stock A, 30 percent in stock B, and 20 percent in stock C? State of Economy Boom Normal Recession Probability of State of Economy 10% 50% 40% Returns if State Occurs Stock A Stock B Stock C 1796 1096 496 896 9% -1098 396 1596 1296