A Product Structure Is One Where an Organization

question 33

Multiple Choice

A product structure is one where an organization:

• A)groups people together because they hold similar positions in a company, perform a similar set of tasks, or use the same kind of skills.
• B)groups products into separate divisions according to their similarities or differences.
• C)groups products into separate divisions according to the needs of the different geographical regions the company serves.
• D)groups products into separate divisions according to the needs of different customers.
• E)is said to be organized by more than one dimension at the top level.

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Definitions:

Mathematical Technique

A method or procedure employed in solving mathematical problems or in modeling real-world phenomena using mathematical concepts.

Labour Cost

The total expenditure incurred by employers to compensate the workforce, including wages, benefits, and any other employee-related expenses.

Per Unit

A term used to define the cost, price, or quantity relative to a single unit of a product or service.

Political Risk

The likelihood of financial loss or other adverse effects on investment outcomes due to political instability, government actions, or geopolitical tensions in a region.