Which of the Following Statements Is True About a Product

question 58

Multiple Choice

Which of the following statements is true about a product divisional structure?

• A) In a product divisional structure, the responsibility for the financial control of the firm is typically decentralized.
• B) A product divisional structure tends to be organized on geography.
• C) In a product divisional structure, each product division is set up as a self-contained, largely autonomous entity with its own functions.
• D) In a product divisional structure, the responsibility for operating decisions is typically centralized.

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Definitions:

Managerial Use

The application or utilization of resources or information by managers to make decisions, solve problems, and oversee operations.

Network Design Framework

A structured approach to laying out the physical and logical design of a telecommunications or data network to meet certain criteria and specifications.

Design Phases

Different periods within the process of developing a product or project, typically including concept, development, implementation, and evaluation stages.

Lowest Cost Solution

An approach or method that has the minimum possible cost among all the alternative approaches to achieve the same goal.