A Chain of Large Warehouse Stores Has Separate Teams Devoted

question 13

Multiple Choice

A chain of large warehouse stores has separate teams devoted to clothing,groceries,appliances,and electronics.This is an example of ________.

• A) process departmentalization
• B) matrix structure
• C) product departmentalization
• D) network structure

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Definitions:

Input Markets

Markets where firms buy resources, goods, and services that they need in order to produce outputs that will be sold in output markets.

Households Supply

Refers to the goods and services supplied by households, including labor, to the market.

Entrepreneur

An individual who initiates, manages, and assumes the risks of a business venture, aiming to transform innovations into economic goods.

Cosmetics Companies

Businesses that specialize in producing and selling beauty and personal care products.