Functional Structures Work Best for Firms for All of the Following

question 35

Multiple Choice

Functional structures work best for firms for all of the following strategies EXCEPT

• A) cost leadership.
• B) differentiation.
• C) related constrained diversification strategy.
• D) single or dominant business corporate strategy.

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Definitions:

Marketing Experience

Refers to the background and skills gained in promoting and selling products or services to consumers.

Innovation

The act of implementing novel concepts, gadgets, or techniques to enhance products, services, or operations.

Inadequate Management

The situation where the management of a business fails to make effective decisions or to meet the necessary standards of organization and strategy.

External Factors

Conditions, events, or influences originating outside an organization that can affect its performance and strategic decisions.