Which of the Following Terms Refers to a Structure Where

question 18

Multiple Choice

Which of the following terms refers to a structure where both divisional and functional managers have equal authority in the organization?

• A) Functional structure
• B) Divisional structure
• C) Matrix structure
• D) Network structure

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Definitions:

Vertical Integration

A business strategy where a company expands its operations into different stages of production within the same industry, often to increase control over the supply chain.

Upstream Price Discrimination

The practice of varying prices for goods or services at an earlier stage in the supply chain based on different buyers' willingness to pay.

Arbitrage

The practice of buying and selling the same asset in different markets to profit from price differences.

Vertical Integration

A company's expansion into different stages of production or distribution within the same industry, controlling more of its supply chain.