Which of the Following Is True with Regard to a Global

question 85

Multiple Choice

Which of the following is true with regard to a global product structure?

• A)A global product structure is disadvantageous for firms with diversified product lines that are aimed at dissimilar or dispersed markets.
• B)The advantages of this organizational form are market concentration, innovation, and responsiveness to new opportunities in a particular environment.
• C)In a global product structure, a cluster of products are grouped into a single division.
• D)A global product structure does not facilitate diversification and inhibits growth.

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Definitions:

Wrongful Rejection

The unjustified refusal to accept the delivery of goods or services as per the terms of a contract, which can lead to a breach of contract lawsuit.

Resale Price

The price at which an item is sold after the first sale, from retailer to consumer.

Incidental Damages

Incidental damages refer to the costs incurred by one party due to another's breach of contract, including expenses directly resulting from the breach, such as costs to find a replacement.

Installment Contract

A contractual arrangement where payment is made in parts over a period of time until the full purchase price is paid.