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:

Cognitive Dissonance

is the psychological discomfort experienced when holding two or more contradictory beliefs, ideas, or values.

Caveat Emptor

A Latin phrase meaning "let the buyer beware," implying that the buyer is responsible for checking the quality and suitability of goods before a purchase is made.

Approach-Avoidance

A psychological conflict that occurs when a situation or objective has both desirable and undesirable aspects that make it simultaneously appealing and repelling.

Utilitarian

Describes products, services, or actions that are practical and functional rather than decorative or ornamental.