Functional Structures Are Usually Found in Organizations Where There Is

question 28

Multiple Choice

Functional structures are usually found in organizations where there is

• A) high volume production.
• B) unrelated product lines or service offerings.
• C) very little vertical integration.
• D) a strong need to decentralize decision making.

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Definitions:

Market-Based Groupings

Classification of markets, products, or customers based on shared characteristics or behaviors in a commercial context.

Market-Based Groupings

Classification of customers or products based on market-related factors such as geographic location, customer type, or product usage, allowing for targeted marketing strategies.

Customer Segments

Groups of potential customers categorized based on similar needs, characteristics, or behaviors, targeted in marketing.

Functional Groupings

Functional groupings refer to the organization of business activities or employees within a company based on tasks, roles, or expertise to enhance efficiency.