What Is the Advantage of Using Product Departmentalization

question 47

Multiple Choice

What is the advantage of using product departmentalization?

• A) Managers can focus on specific product lines.
• B) Products are organized based on the production process.
• C) Products are better targets to specific customer groups.
• D) Customer groups are easily identifiable.
• E) Products are closer to where consumers are served.

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Definitions:

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The entire amount of interest paid over the life of a loan or financial product.

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A gift given to an individual in celebration of completing an educational milestone, such as graduating from school or university.

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The act of leaving one's job and ceasing to work, usually due to reaching a certain age or for health reasons.

Investment

The practice of investing funds with the view of accruing financial gains or income.