A Company Offering a Limited Line of Standard Products,that Competes

question 6

Multiple Choice

A company offering a limited line of standard products,that competes in a similar manner with a narrow,local market focus,and whose competitive advantage is a focus on low cost derived from gaining economies of scale should organize around a ________.

• A) Functional structure
• B) Matrix structure that combines functional departments with geographic divisions
• C) Geographic structure that creates independent units in each of the countries where the firm competes
• D) Group of product divisions, each with a geographic focus

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Definitions:

KISS Formula

A design principle advising to keep it simple and straightforward, often used to avoid complications and confusion.

Modern Expressions

Contemporary phrases, idioms, or sayings that reflect the current use of language.

Potential Employer

An organization or individual that could possibly hire someone for a job.

Job Interview

A job interview is a formal meeting in which a potential employer evaluates a candidate's qualifications for a position.