The Product-Management Organization Has a Number of Disadvantages,including ________

question 13

Multiple Choice

The product-management organization has a number of disadvantages,including ________.

• A) product and brand managers may lack enough authority to carry out their responsibilities
• B) short-term involvement leads to short-term planning and fails to build long-term brand strengths
• C) fragmentation of markets makes it harder to develop a national strategy
• D) product and brand managers become experts in their product area but rarely achieve functional expertise
• E) all of the above

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Definitions:

Annual Rate

A rate of interest, growth, or performance measured over a twelve-month period.

Food Supply

The total amount of food available to feed a population, encompassing production, distribution, and stocks of foodstuffs.

Thomas Malthus

An English cleric and scholar influential in the fields of political economy and demography, best known for his theory that population growth would outpace agricultural production leading to famine.

Average Worker

The Average Worker concept statistically represents a standard or mean measurement of labor productivity, performance, or characteristics within a specific workforce or economy.