A Product-Management Organizational Design Would Most Likely Be Appropriate When

question 14

Multiple Choice

A product-management organizational design would most likely be appropriate when the firm sells:

• A)a single product to a large number of different customers.
• B)only a few products in a relatively stable competitive environment.
• C)a large number of products in a relatively simple and stable environment.
• D)a large number of products in an unstable environment.

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Definitions:

Stepwise Regression

A statistical method of building a regression model by adding or removing predictors based on their statistical significance, in a step-by-step procedure.

Enclosed Spaces

Areas that are surrounded by boundaries or walls, often leading to feelings of confinement.

Cognitive Therapy

A psychotherapeutic approach aiming to change negative patterns of thinking to alter behavior and emotional states.

Life Situation

The combination of all aspects and circumstances of an individual's current existence, including social, economic, and personal conditions.