An Advantage to Firms That Use a Product Structure Arrangement

question 75

Multiple Choice

An advantage to firms that use a product structure arrangement is that ________.

• A) it requires a small resource commitment
• B) duplication of corporate support functions for each product division is avoided
• C) there is limited possibility for excessive focus on products
• D) individual product lines are coordinated and managed globally

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Definitions:

Pure Strategy Equilibria

A concept in game theory where each player chooses a single strategy that results in the best outcome for them, given the strategies chosen by other players in the game.

Swerve

A sudden change in direction or position, typically used to avoid collision or an obstacle.

Drive Straight

a directive or action where one proceeds forward without turning, often used in navigation or driving instructions.

Nash Equilibrium

A concept within game theory where each player's strategy is optimal, given the strategies of all other players, leading to a situation where no player has anything to gain by changing only their own strategy.