-Reference Organization Chart 6.2. This Structure Is

question 12

Multiple Choice

-Reference Organization Chart 6.2. This structure is:

• A) Global geographic division structure
• B) Global matrix structure
• C) Global product division structure
• D) Global functional structure

---

Definitions:

Willingness To Pay

The maximum price at which a consumer is prepared to buy a good or service, reflecting the value they place on it.

Full Cost

The total expense associated with producing a good or service, including both fixed and variable costs.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive, essentially a measure of producer benefit.

Demand Curve

A graph that shows the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.