TheLG Company Has Units Operating in Significantly Different Industries and Uses

question 92

Multiple Choice

TheLG Company has units operating in significantly different industries and uses financial controls to manage its portfolio. LG is most likely using the ______ structure.

• A) combination-matrix
• B) cooperative form of the multidivisional
• C) competitive form of the multidivisional
• D) strategic business unit multidivisional

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Definitions:

Advantages of Collaboration

The benefits arising from working together with others, such as increased creativity, shared workload, and enhanced problem-solving capabilities.

Conducting Meetings

The act of organizing, facilitating, and leading meetings to ensure they are effective and achieve their intended objectives.

Collaboration

The act of working together with one or more individuals to complete a task or achieve a goal.

Behavior Differences

Variations in actions and reactions among individuals or groups due to factors like culture, upbringing, personal experiences, or genetic makeup.