Which of the Following Statements Is True Regarding a Market

question 84

Multiple Choice

Which of the following statements is true regarding a market structure?

• A) A market structure is a type of a functional structure.
• B) A market structure aligns functional skills and competences with the product needs of different customer groups.
• C) Organizations using the market structure have the tallest hierarchies.
• D) The market structure is the most suitable for a company that operates in a continuously changing environment and manufactures complex products.

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Definitions:

Long-Term Debt

Borrowings and financial obligations that are due for repayment over a period longer than one year.

Short-Term Debt

Financial obligations that are due within one year or within the normal operating cycle of the business.

Optimal Product Mix

The combination of products that yields the highest profit or efficiency for a company under given constraints and market conditions.

REIT

A real estate investment trust is a company that owns or finances income-producing real estate.