All of the Following Are Advantages of a Divisional Structure

question 126

Multiple Choice

All of the following are advantages of a divisional structure EXCEPT:

• A) high concern for customers' needs.
• B) fast response, flexibility in an unstable environment.
• C) emphasis on overall product and division goals.
• D) development of general management skills.
• E) there is little duplication of services across divisions.

Recognize the specific legal complexities around copyright duration and protection.

Acknowledge the implications of declaring bankruptcy for business owners.

Understand the significance of capacity in contract law.

Grasp the essentials in obtaining a patent and the role of utility in inventions.

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Definitions:

Stable Growth

A phase where a company or economy grows at a steady, predictable rate.

Sales

The total revenue a company generates through selling goods or services, also commonly used to denote transactions in financial markets.

Threat of Entry

The risk existing businesses face when new competitors are able to enter the market or industry.

Existing Competitors

Companies that are currently operating in the same market and competing for the same customers.