A Firm's Organizational Structure Is Comprised Of

question 2

Multiple Choice

A firm's organizational structure is comprised of:

• A) resource strengths and competitive capabilities that allow it to incorporate attributes at lower costs than rivals whose products have similar attributes.
• B) the formal and informal arrangement of tasks,responsibilities,lines of authority,and reporting relationships by which the firm is administered.
• C) excellent marketing and sales skills to convince buyers to pay a premium price for the attributes/features incorporated in its product.
• D) sustainable distinctive competences to ensure cost reduction and competitiveness.
• E) None of these.

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Definitions:

Residuals

The differences between observed values and the values predicted by a regression or other statistical model.

Parabolic Shape

The shape of the graph of a quadratic function, resembling a curve that opens upwards or downwards.

Linearity

The attribute of a relationship or function that can be graphically represented as a straight line, indicating a constant rate of change.