Final answer:
The correct statement that is NOT a major advantage is c) The functional division tends to be oriented towards activities particular to its function, which may be disadvantageous due to potential narrow focus.
Step-by-step explanation:
The statement that is NOT a major advantage of placing a project within a functional element of the parent organization is c) The functional division tends to be oriented towards activities particular to its function. This orientation can actually be a disadvantage because the functional division might become too narrowly focused on its own tasks, potentially losing sight of the project's overall goals or how it fits with other functions' objectives in the organization. In contrast, enhanced communication within the functional area (a), access to specialized expertise (b), and clearer authority structures (d) are all considered advantages of a functional organizational structure.