Which of the Following Best Represents a Company Following the Product

question 15

Multiple Choice

Which of the following best represents a company following the product differentiation strategy?

• A)gourmet grocery store
• B)discount grocery store
• C)discount retailer
• D)dollar store

---

Definitions:

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link the diverse parts of an organization.

Not-for-Profit Organizations

Organizations that operate for purposes other than generating profit, focusing on social, educational, or charitable objectives.

Formal Structures

Organized frameworks in businesses and organizations characterized by defined rules, roles, and responsibilities intended to achieve efficiency and goals.

Free-Rein Leaders

Leadership style where authority is delegated to employees, empowering them to make decisions and solve problems independently.