Cross Stationary Has Grown from a Small Organization with a Functional

question 27

Multiple Choice

Cross Stationary has grown from a small organization with a functional structure to a large multi-product, international company.They have been using ad hoc cross-functional teams extensively and are considering altering their structure to make these types of teams permanent. Which type of departmentalization is Cross Stationary considering adopting?

• A)Functional
• B)Divisional
• C)Matrix
• D)Virtual
• E)None of these

Understand how to effectively use resources in marketing efforts.

Recognize the importance of conducting a SWOT analysis for strategic decision-making.

Evaluate different methods of entering an international market and their associated risks.

Understand the significance of competition analysis in market entry.

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Definitions:

Economically Inefficient

refers to a scenario where resources are not optimally utilized, leading to waste or missed opportunities for better outcomes.

Rent Seeking

The practice of increasing one's share of existing wealth without creating new wealth, often through manipulating the political environment.

Public Policy

Involves strategies and actions taken by the government to address issues within society, aiming to improve the public welfare.

Interest Groups

Organizations formed by individuals sharing a common interest, seeking to influence public policy and opinion.