A Benefit of Product Mapping Is That It Identifies ________

question 150

Multiple Choice

A benefit of product mapping is that it identifies ________.

• A) market matrices
• B) target markets
• C) market segments
• D) consumers
• E) none of the above

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Definitions:

Organisational Design

Organisational design is the process of shaping an organization's structure and roles to align with its objectives, strategy, and environment, enhancing efficiency and effectiveness.

Strategy

Strategy refers to a plan of action designed to achieve a long-term or overall aim.

Chain of Command

The formal line of authority within an organization, showing how orders flow from top management down to lower levels of employees.

Competitive Advantage

A distinct characteristic or group of characteristics giving an organization the advantage over its competition.