The Product or Divisional Structure

question 48

Multiple Choice

The product or divisional structure:

• A) is not suited to fast change in an unstable environment.
• B) centralizes decision making.
• C) facilitates integration and standardization across product lines.
• D) allows units to adapt to differences in products, regions, and clients.

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Definitions:

Industrial Regulation

The government policies and rules designed to control or direct economic activity and market forces within specific industries.

Antitrust Policy

The use of the antitrust laws to promote competition and economic efficiency.

Social Regulation

Laws and regulations aimed at improving health, safety, and well-being in society, often implemented to correct market failures affecting the public interest.

Marginal Benefit

The additional satisfaction or value a consumer gains from consuming one more unit of a good or service.