Which of the Following Is True of a Product Structure

question 10

Multiple Choice

Which of the following is true of a product structure?

• A) It groups together jobs and activities being performed in the same location.
• B) It is used when there is a need to differentiate products or services in various locations.
• C) It groups together jobs and activities that are serving the same customers or clients.
• D) It clearly links costs, profits, problems, and successes in a market area with a central point of accountability.
• E) It helps focus attention on the unique cultures and requirements of different nations.

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Definitions:

Import Quota

A government-imposed limit on the quantity of a specific good that can be imported into a country within a given timeframe.

Specific Tariff

A fixed fee imposed on imported goods based on quantity, such as units, weight, or volume, rather than value.

Ad Valorem Tariff

A tax imposed on imported goods, calculated as a percentage of the value of the imports rather than a fixed rate.

World Price

The global market cost for a product or service, set by the overall demand and supply dynamics.